GBP/USD: Bullish Extension Anticipated as Pound Sterling Price Rises – Latest News and Forecast
The GBP/USD currency pair has been on a bullish trend in recent weeks, with the pound sterling rising against the US dollar. This bullish extension is anticipated to continue, as the latest news and forecast suggest.One of the main drivers of the pound's strength has been the progress in Brexit negotiations. The UK and the EU have reached a trade deal, which has provided some certainty for businesses and investors. This has boosted confidence in the UK economy and the pound sterling.Another factor contributing to the pound's rise is the