GBP/USD Weekly Outlook: Pound Sterling Poised for a Fresh Downtrend?
GBP/USD Weekly Outlook: Pound Sterling Poised for a Fresh Downtrend?
GBP/USD tested 1.2700 but failed to sustain the move.
Traders focus on US labor data and Trump’s tariff discussions.
GBP/USD corrected after hitting a ten-week high of 1.2716.
The Pound gave way to USD strength, ending a three-week winning streak.
UK inflation and economic concerns reduced expectations for BoE rate cuts.
