GBP/USD holds gains near 1.2600 in quiet US holiday trade

The Pound Sterling registered modest gains versus the US Dollar on Monday in thin liquidity trade due to the observance of US President’s Day. At the time of writing, the GBP/USD exchanged hands shy of 1.2600, up 0.05%. Read More…

 

Pound Sterling stays calm ahead of UK employment and inflation data

The Pound Sterling (GBP) trades steady against its major peers at the start of the week as investors turn cautious ahead of the United Kingdom (UK) employment data for three months ending December, which will be released on Tuesday. Read More…

GBP/USD holds positive ground above 1.2550 on weaker US Retail Sales data

The GBP/USD pair trades with mild gains near 1.2585 during the early Asian session on Monday. The major pair edges higher amid the upbeat UK Gross Domestic Product (GDP) report and weaker US Retail Sales data. The US market will be closed on Monday in observance of President’s Day. Read More…