Pound Sterling Price News and Forecast: GBP/USD softens to around 1.2910
The GBP/USD pair weakens to near 1.2910 during the early European session on Monday. The strongerย US Dollarย (USD) following Donald Trump’s election win continues to undermine the major pair as traders expect the inflationary impulses will keep the USย Federal Reserveย (Fed) from cuttingย ratesย as much as they otherwise would have.
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