Pound Sterling Price News and Forecast: GBP/USD under some pressure


GBP/USD sellers attack 1.4100 amid Brexit doldrums ahead of Biden-Johnson talks

GBP/USD remains on the back foot around 1.4110, down 0.07% intraday, during a subdued Asian session on Thursday. Although cautious sentiment ahead of the key Brexit event and the US Consumer Price Index (CPI) tests momentum traders, the recent negative headlines for the cable buyers seem to weigh on the quote.

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GBP/USD under some pressure ahead of Super Thursday

GBP/USD is trading at 1.4114 at the time of writing and off by some 0.27% having fallen from a high of 1.4189 to a low of 1.411 so far on Wednesday. Sterling was a little higher in early London trading, initially shrugging off post-Brexit trade issues over Northern Ireland. However, we have seen the US dollar creep a touch higher since traders looked to upcoming US inflation data and a European Central Bank (ECB) meeting on Thursday.

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Source fxstreet

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