Posts Tagged: S&P Global/CIPS Composite PMI

GBP/USD Faces Resistance Below 1.2250 Amid Risk-Averse Market

By Usman Ahmed September 25, 2023, 2:23 pm • Posted in Forex

On Monday, the value of the British pound against the US dollar dropped below 1.2250. The risk-averse nature of the market at the beginning of…

GBP/USD Slips Below Mid-1.2000s on Dollar Purchasing

By Usman Ahmed July 5, 2022, 12:59 pm • Posted in Forex

In Tuesday’s European session, the GBP/USD currency pair hit a two-day low at mid-1.2000s. The US currency surged overnight as consumers expected the Fed to…

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