GBP/USD Pulls Back Off Weekly Highs to Trade at About 1.3496
On Thursday, the GBP/USD currency pair extended Wednesday’s pullback from the current month’s high of 1.3545 to trade at 1.3496. The currency pair trades within…
Posts Tagged: GBP/USD
GBP/USD Recovers Near 1.3495 as Softer Fed Expectations and UK Growth Support Sterling
GBP/USD has recovered from its early decline and is trading almost unchanged near 1.3495 during Thursday’s European session. The rebound comes as investors place greater…
GBP/USD Consolidates Near 1.3500 as Traders Await US Inflation, UK Growth Data
The GBP/USD currency pair remained confined to a narrow range around the psychological 1.3500 level during Wednesday’s European session as traders avoid taking significant positions…
GBP/USD Holds Steady as Traders Await US Inflation and UK Growth Data for Direction
The Pound Sterling (GBP) remains broadly stable against the US Dollar (USD) on Tuesday after softer-than-expected US employment data, while traders prepare for several key…
GBP/USD Pulls Back Off Session Highs to Trade at About 1.3455
On Thursday, the GBP/USD currency pair pulled back from the session highs of about 1.3477 to trade at about 1.3455. The currency pair trades within…
Pound Holds Steady Against Dollar as Fading Fed Hike Expectations Keep GBP/USD Supported
The British Pound (GBP) traded slightly lower against the US Dollar (USD) on Thursday, with the GBP/USD pair hovering around 1.3460 after retreating modestly from…
Pound Sterling Gains Against US Dollar as Softer US Data Reduces Fed Tightening Expectations
The British Pound strengthened against the US Dollar on Tuesday, with the GBP/USD pair climbing around 0.14% to trade near 1.3451 after recovering from an…
GBP/USD Holds Near 1.3460 as Softer Fed Outlook Limits US Dollar Recovery
The British Pound traded little changed against the US Dollar on Friday, with GBP/USD hovering around 1.3458 as the Greenback attempted to recover following a…