Friday , 21 February 2025
Home Forex GBP/USD Price Analysis: Gains despite standing bearish below 1.2700
Forex

GBP/USD Price Analysis: Gains despite standing bearish below 1.2700

The Pound Sterling held to earlier gains against the US Dollar on Tuesday at the time the Federal Reserve Chair Jerome Powell crossed the wires at the European Central Bank (ECB) forum in Portugal and said that inflation may get back to the Fed’s 2% target late next year or the following.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Canada December retail sales +2.5% vs +1.6% expected

Prelim December estimate was +1.6%November sales were +0.0%Retail sales ex-autos +2.7% vs...

Big night for Canada last night, big economic data coming up

Team Canada beat the USA in overtime last night to win the...

EUR/USD declines on slower-than-growth in Eurozone PMI, US Dollar’s recovery

EUR/USD slides to near 1.0460 in Friday’s North American session.

US Dollar pushes back against the latest decline on Friday

The US Dollar Index (DXY), which tracks the performance of the US...