GBP/USD looks firm and retargets 1.3200 and beyond
In quite a positive start to the new trading week, the British pound managed to extend its bullish momentum, sending GBP/USD to multi-day peaks around the 1.3200 neighbourhood. Read more…
Pound Sterling outperforms USD as US consumer sentiment deteriorates
The Pound Sterling (GBP) extends its winning streak for the fifth trading day against the US Dollar (USD) at the start of the week. The GBP/USD pair jumps to near 1.3200 in Monday’s North American session as investors have dumped the US Dollar on the tit-for-tat tariff announcement between the United States (US) and China. Read more…
GBP/USD holds steady near 1.3100, bulls have the upper hand amid bearish USD
The GBP/USD pair edges higher at the start of a new week and trades just below the 1.3100 mark during the Asian session, well within striking distance of Friday’s swing high. Moreover, the bearish sentiment surrounding the US Dollar (USD) suggests that the path of least resistance for spot prices remains to the upside. Read more…
