GBP/USD Forecast: Pound Sterling Test of 1.2990 Best "is Developing"

GBP/USD Forecast: Pound Sterling Test of 1.2990 Best "is Developing"

March 17, 2025 – Written by David Woodsmith

GBPUSD Forecast

Pound Sterling (GBP) was rangebound versus the US Dollar (USD) on Monday despite the release of some underwhelming US retail sales data.

At the time of writing, the Pound US Dollar exchange rate was trading at approximately $1.2971, virtually unchanged from the start of Monday’s session.

On Monday, the US Dollar (USD) faced difficulties in attracting investor…
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