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GBP/USD Price Forecast: Rises on weak US Dollar, eyes 1.3100
The GBP/USD advanced steadily for the fifth straight day and is eyeing the 1.3100 figure after data from the US Bureau of Labor Statistics (BLS) revealed that the US economy added 800K fewer Americans to the workforce. At the time of writing, the pair trades at 1.308 and gains 0.42%. Read More…
Pound Sterling gains further ahead of Fed minutes
The Pound Sterling (GBP) holds onto gains above the psychological support of 1.3000 against the US Dollar (USD) in Wednesday’s New York session. The GBP/USD pair posted on Tuesday fresh year-to-date highs above 1.3050 amid sheer weakness in the US Dollar. Read More…
GBP/USD Price Forecast: Holds position above 1.3000 with testing yearly highs
GBP/USD halts its four-day winning streak, trading around 1.3020 during Wednesday’s Asian session. The daily chart analysis shows the pair is trending upwards within an ascending channel pattern, suggesting a bullish bias. Read More…
