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British Pound (GBP) Price Outlook: GBP/USD Well Placed for More Gains

GBP PRICE, NEWS AND ANALYSIS: GBP/USD is holding its ground around the 1.36 level as a 15 basis point increase in UK Bank Rate by the year-end edges closer. The latest UK employment report was broadly positive but the background remains unhelpful as higher energy prices continue to benefit haven assets like USD.   GBP STEADY, UK RATE INCREASE EXPECTED GBP/USD continues to trade around the 1.36 level, helped by expectations that the Bank of England will increase its be

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