- BoE MPC member Catherine Mann suggests it’s too soon to end the tightening cycle.
- Upcoming UK employment report and US inflation data could be key drivers for the pair.
- BoJ Governor Kazuo Ueda’s hawkish comments also influence the market sentiment.
The Pound Sterling (GBP) posts modest gains versus the US Dollar (USD) late on Monday’s North American session after seesawing in an 80-pip range, though it stays afloat above the 1.2500 figure. The GBP/USD is trading at 1.2510, gains 0.37%.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased