Pound Sterling Price News and Forecast: GBP/USD rises as US Dollar weakens on Moody's decision

  • The Pound Sterling (GBP) regained its footing against the US Dollar (USD) after the GBP/USD pair exhibited strong two-way price movements within a 150-pip range during the week. Following a painful start to the week, the GBP/USD managed to find its footing as the US Dollar lost its recovery momentum in the latter part, with optimism surrounding the US-China trade truce fading.