GBP/USD holds to decent gains after BoE’s Bailey remarks

Share: GBP/USD stays in green territory, though under pressure as sentiment shifts sour. The US Dollar Index erases earlier gains, cushioning the Pound Sterling advance.  BoE’s Bailey: Inflation is down due to energy prices falling; monetary and fiscal policy would do the rest of the job. GBP/USD climbed above the 1.2600 figure during