GBP/USD rebounds the past 1.3300 as US-China Rattle US dollar tensions
Pound Sterling recovered some land compared to the US dollar on Thursday as market participants grew pessimistic about leaving the US-China trade war. Beijing forces Washington to eliminate tariffs and refuse to talk. At the time of writing, the GBP/USD traded above 1.3300 and gains 0.55%. Do more …
Pound Sterling Recovers against the US Dollar in spite of the US-China Trade Deal
Pound Sterling (GBP) holds initial gains near 1.3300 against the US dollar (USD) in the North American session on Thursday. The GBP/USD pair rebound after a two-day correction as the USD struggles to expand recovery, with the US dollar index (DXY), which monitors the value of the greenback against six major currencies, facing pressure near the psychological level of 100.00. Read more …
GBP/USD Price Forecasting: Bullish Outlook remains playing above 1.3250
The GBP/USD pair drops higher around 1.3270, snaping a two-day losing stripes during the first time of European trading on Thursday. Lighting concerns with the potential threats of US President Donald Trump's tariff conducts some of the pressure sellers in the US dollar (USD). Read more …
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