Pound Sterling Price News and Forecast:Rebounds toward 1.3530 as US Dollar eases after recent surge

GBP/USD rebounds toward 1.3530 as US Dollar eases after recent surge

GBP/USD recovers some ground after opening the week on a lower note, despite escalating tensions in the Middle East as the US seized an Iran-flagged vessel. At the same time, Tehran threatened to halt talks in Pakistan. The pair trades at 1.3525, up 0.13%. Read More…

GBP/USD Price Forecast: Retakes 1.3500 as Fed repricing hits USD despite Mideast tensions

The GBP/USD pair builds on its modest intraday recovery from a one-week low and climbs back above the 1.3500 psychological mark during the early European session on Monday. Spot prices have now filled the weekly bearish gap and seem poised to appreciate further amid the emergence of fresh US Dollar (USD) selling. Read More…

GBP/USD nears 1.3600 as Hormuz reopening dents US Dollar

GBP/USD advances during the North American session on Friday as breaking news revealed Iran’s reopening of the Strait of Hormuz following the agreement of a ceasefire in Lebanon, which pushed the British Pound (GBP) to a daily high near 1.3600. At the time of writing, the pair trades at 1.3567, up 0.36%. Read More…