Pound Sterling Price News and Forecast: GBP/USD stumbles on soft UK data, bears target 1.2600 – FXStreet

The Pound Sterling faced some challenges as it stumbled due to soft UK data, causing bears to target the 1.2600 mark against the US Dollar. This news comes as a forecast for the GBP/USD exchange rate. The currency pair experienced some downward pressure following the release of weaker-than-expected economic data from the UK. Traders are now eyeing the 1.2600 level as a key target for the bears. The Pound Sterling Price News and Forecast highlights the current situation in the foreign exchange market, where the GBP/USD pair is struggling to maintain its strength against the US Dollar.

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