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Aug 30, 2024

GBP/USD Price Forecast: Extends losing streak, slides below 1.3150

The GBP/USD extends its losing streak to three days yet has bounced off daily/weekly lows of 1.3129 and exchanges hands at 1.3149, down a modest 0.14%.

EUR/GBP Price Analysis: Downside remains favored despite recovery

In Friday's session, the EUR/GBP rose to 0.8420. However, upward movements seem to only be corrective and sellers take a breather after multiple sessions of losses.