Pound Sterling Price News and Forecast: GBP/USD rebounds despite strong US NFP report

  • The Pound Sterling (GBP) is advancing for the first time in the last four days and bounced off weekly lows against the Greenback, although an upbeat jobs report in the United States (US) decreased fears of a recession in the largest economy. Nevertheless, the US Dollar (USD) failed to gain ground, as depicted by GBP/USD trading at 1.3321, up 0.39%.Read More.