Monday , 25 November 2024
Home Forex Pound Sterling Price News and Forecast: GBP/USD rebounds above 1.2700 on risk-on mood
Forex

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.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Gold price sticks to heavy intraday losses amid risk-on mood, holds above $2,650 level

Gold price (XAU/USD) retreats after touching a nearly three-week high, around the...

USD/INR faces some selling pressure on MSCI rebalancing and softer US Dollar

The Indian Rupee (INR) extends the rally on Monday, bolstered by the...

ECB’s Lane: Monetary policy should not remain restrictive for too long

Barring new geopolitical or political risks, a large part of the final...

Reminder: It will be a holiday-shortened week in the US

And typically, that means broader markets will likely observe a more quiet...