British Pound steadies despite strong US jobs data ahead of NFP
The Pound Sterling (GBP) holds firm against the US Dollar (USD) during the North American session on Thursday, after US jobs data reinforces the thesis that the labor market remains solid ahead of Friday’s Nonfarm Payrolls report. TheGBP/USDpair trades at 1.3466, after bouncing off daily lows of 1.3404. Read More…
British Pound treads water above 1.3450 with markets awaiting US employment figures
TheBritish Pound(GBP) holds marginal losses against the US Dollar (USD) on Thursday, trading at 1.3460 at the time of writing, down from Wednesday’s highs at 1.3486. This leaves the GBP/USD pair hovering within a 100-pip range, with bulls capped below 1.3500 while a weak US Dollar keeps downside attempts supported above the 1.3400 area. Read More…
British Pound loses ground to near 1.3450 as traders await possible US-Iran deal
The GBP/USD pair drifts lower to near 1.3460 during the early European trading hours on Thursday. Conflicting rhetoric from the US and Iranian officials about a potential deal fuels market concerns, dragging theBritish Pound(GBP) lower against the US Dollar (USD). The US InitialJobless Claimsreport will be released later on Thursday.Read More…
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