Pound Sterling Price News and Forecast: Pound Sterling struggles to recover

GBP/USD tumbles from 20-week high as markets reverse flows back into the US Dollar, aimed for 1.2700 The GBP/USD rose in early Thursday’s trading window, climbing to a 20-week high before slumping back and seeing a downside extension sparked by an unexpected climb in US Treasury yields during a 7-year T-note auction.