GBP/USD advances as US Dollar slips despite strong NFP, resilient Pound
GBP/USDadvances around 1.3630 on Friday at the time of writing, up 0.54% on the day, benefiting from broad US Dollar weakness following the release of the US employment report. Read More…
GBP/USD Price Forecast: Needs to stabilize above 1.3600 for fresh rally
The GBP/USD pairtrades 0.25% higher to near 1.3590 during the European trading session on Friday. The Cable reflects strength as the Pound Sterling (GBP) outperforms its major currency peers, except antipodeans, amid a revived risk-on rally. Read More…
GBP/USD slips as Iran hope fades and Dollar firms
GBP/USD edged slightly lower to around 1.3550 on Thursday, lower around 0.3% after the pair touched a session high near 1.3645 before turning back down. Price has been holding a roughly 100-pip range below the multi-month peak just under 1.3660, with a series of overlapping candles after the strong rally off May 1 swing lows close to 1.3450. Read More…
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