GBP/USD is on a steady decline toward 1.2800t in the European session on Monday. The US Dollar has stalled its losing streak, as markets turn risk-averse ahead of the all-important US CPI report due on Tuesday. BoE policymaker Mann's speech awaited.
The Pound Sterling (GBP) consolidates in a tight range around 1.2850 in Monday’s European session as investors stay on the sidelines in a data-packed week. The GBP/USD pair trades sideways ahead of the United Kingdom Employment and monthly Gross Domestic Product (GDP), which will be published on Tuesday and Wednesday, Confirm signal