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Maribel Pekar

GBP/USD breaks down as Pound bulls roll over

GBP/USD breaks down as Pound bulls roll over

2024-12-12
By: Maribel Pekar
On: December 12, 2024
In: Business & Finance

GBP/USD backslid 0.55% on Thursday, slipping back below 1.2700. Quiet newsflows out of the UK and a limited data docket crimp Cable flows. Pound Sterling traders are on the backfoot heading into Friday. GBP/USD lost its grip on Thursday, easing back below the 1.2700 handle and shedding over half ofContinue Reading

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