Pound Sterling Price News and Forecast: GBP/USD consolidates in a range below 1.2400 mark

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The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around the averages.

GBP/USD consolidates in a range below 1.2400 mark, near six-week top set on Friday TheGBP/USD pairkicks off the new week on a subdued note and consolidates Friday's strong move up its highest level since September 20. Spot prices currently trade around the 1.2375 region, nearly unchanged for the day, and remain at the mercy of the US Dollar price dynamics. Read More... GBP/USD soaring into 1.

Pound Sterling rallies on improved market sentiment The Pound Sterling advances swiftlyas improvedmarket sentimentoutperforms astagnant growthoutlookfor the UK economy. The market mood has turned extremely upbeat after theUnited Stateslabor demand slowed in October and the Unemployment Rate rose beyond expectations. Read More... GBP/USD Overview Today last price 1.2373 Today Daily Change -0.0006 Today Daily Change % -0.05 Today daily open 1.2379 Trends Daily SMA20 1.2191 Daily SMA50 1.

 

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