GBP/USD slips as strong US jobs data offsets upbeat risk mood
The GBP/USD dropped by 0.17% on Thursday as US jobs data outshone UK Gross Domestic Product (GDP) data revealed during the European session. expectations for a peace deal between the US and Iran, keep the market mood upbeat. The pair trades at 1.3534 after reaching a high shy of the 1.36 handle. Read More…
GBP/USD price Forecast: Rally halts near 61.8% Fibo retracement at 1.3600
The GBP/USD pair trades 0.1% lower to near 1.3545 during the European trading session on Thursday, struggling to extend the rally above the 1.3600 hurdle. The Cable faces slight selling pressure as the US Dollar (USD) turns positive after recovering early losses, despite market sentiment remaining risk-on. Read More…
GBP/USD holds near 1.3570 as Iran talk optimism cools
The GBP/USD pair halts its advance on Wednesday and remains steady around 1.3570 as optimism about a resumption of US-Iran talks has tempered. At the same time, US equities extended their gains, and the Greenback seems to have bottomed after hitting a six-week low. Read More…
