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GBP Price News and Forecast: GBP/USD Price Analysis: Bulls enter and focus on 1.2500

GBP/USD attracts some weekly dip buying around 1.2350-1.2345 Three-zone and climbed to the top of its daily trading range during North American morning trade. The pair is currently trading around 1.2400, below the 50-day simple moving average (SMA) mark tested the previous day. Read more…

GBP/USD may have entered a consolidation phase, according to UOB Group Economist Lee Sue Ann and Market Strategist Quek Ser Leang. Read more…

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