GBP/USD Forecast: Pound Sterling clings to bullish stance to start week
GBP/USD stays in a consolidation phase above 1.3500 after rising more than 0.5% on Friday. The pair remains technically bullish in the short term.

GBP/USD stays in a consolidation phase above 1.3500 after rising more than 0.5% on Friday. The pair remains technically bullish in the short term.
EUR/USD closed the previous week marginally higher, thanks to a late rally on Friday. The pair holds its ground and trades comfortably above 1.1700 in the European session on Monday.
The US labor market grew by only 22K in August, below the already low three-month average of 29K, and far under estimates of 75K.
EUR/USD surged to a five-week high near 1.1750 as weak US jobs data fueled Fed cut bets, with ECB stability supporting a bullish bias toward 1.1830.
Gold soared to a record $3,600 as weak US jobs data boosted Fed rate cut expectations, leaving XAU/USD bullish but vulnerable to short-term profit-taking.
The USD/MXN is trading near the 18.69500 vicinity in early trading today, which is seeing fast changes to value based on bids and asks remaining rather wide.