GBP/USD holds near 1.3460 as Iran talks disappoint traders
The Pound Sterling remains firm on Monday as talks between Iran and the US disappointed investors, triggering a reaction from the White House, while recent news suggested that Tehran could be considering abandoning uranium enrichment, a key condition set by the US to end the war. At the time of writing, the GBP/USD trade at 1.3457. Read More…
Pound Sterling bounces off low; GBP/USD lacks follow-through beyond 1.3400 on firmer USD
The GBP/USD pair opens with a bearish gap at the start of a new week and, for now, seems to have snapped a five-day winning streak to its highest level since late February, around the 1.3485 region set last week. Spot prices, however, rebounded a few pips from the Asian session low and currently trade around the 1.3400 round figure, still down nearly 0.45% for the day. Read More…
GBP/USD climbs as upcoming Pakistan talks boost risk mood
GBP/USD climbs on Friday as risk appetite improves ahead of the start of US-Iran talks in Pakistan. Meanwhile, US inflation rose as expected in March, but traders seem confident it’s a one-time jump as they remain optimistic about Middle East peace negotiations. At the time of writing, the pair trades at 1.3461, up 0.20%. Read More…
