Wednesday , 12 February 2025
Home Forex Pound Sterling Price News and Forecast: GBP/USD rebounds above 1.2700 on risk-on mood
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Pound Sterling Price News and Forecast: GBP/USD rebounds above 1.2700 on risk-on mood

GBP/USD Price Forecast: Rebounds above 1.2700 on risk-on mood The Pound Sterling bounced off daily/weekly lows and rose above the 1.2700 figure on Wednesday as risk appetite improved after a Bank of Japan (BoJ) official commented the BoJ wouldn’t raise rates amid market instability.

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