GBP/USD slides for third day as firm US jobs data lifts Dollar
The Pound Sterling falls for the third straight day, down some 0.10% as US jobs data has revealed that the labor market is healthier than expected, weighing on expectations of Fed rate cuts ahead in the year. At the time of writing, the GBP/USD trades at 1.3444 after reaching a daily high of 1.3465. Read More…
Pound Sterling falls further against US Dollar while US NFP takes centre stage
The Pound Sterling (GBP) extends the decline for the third consecutive day against the US Dollar (USD), trading near 1.3450 during the European trading session on Thursday. The GBP/USD pair is under pressure as the US Dollar trades firmly, following the release of an unexpectedly strong United States (US) ISM Services Purchasing Managers’ Index (PMI) data for December. Read More…
GBP/USD flat lines above 1.3450 as traders eye US jobs data
The GBP/USD pair trades on a flat note around 1.3465 during the early European trading hours on Thursday. Markets turn cautious as traders await the upcoming key US economic data this week. The weekly US Initial Jobless Claims report is due later in the day ahead of the highly anticipated Nonfarm Payrolls (NFP) reading. Read More…
Source: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-slides-for-third-day-as-firm-us-jobs-data-lifts-dollar-202601081627
