GBP/USD has risen to the past 1.3350 as brace entrepreneurs for Fed, BOE rate decisions
Pound Sterling advanced for the second consecutive day, getting more than 0.65% against the US dollar in the middle of a difficult economic docket on either side of the Atlantic. The major central banks such as the Federal Reserve and the Bank of England (BOE) are preparing for their policy meetings. At the time of writing, the GBP/USD traded at 1.3381 shy of 1.34 mark. Read more …
Pound Sterling Rally against the US dollar leading to Fed-Boe Monetary policy
Pound Sterling (GBP) rode near 1.3390 against the US Dollar (USD) during North American trade time on Tuesday. The GBP/USD pair boosts as the US dollar refuses, while investors are waiting for the financial policy decision from the Federal Reserve (FED), which will be announced on Wednesday. The US dollar index (DXY), which monitors the value of the greenback against six major currencies, drops below 99.50. Read more …
GBP/USD Price Forecasting: Hovers around 1.3300 as nine -day EMA covers upside down
The GBP/USD pair is trying to maintain its position after registering the earnings in the previous session, which traded around 1.3300 at the time of Asian trading on Tuesday. Technical analysis in the daily chart suggests a neutral short-term price momentum, as the pair walks around the nine-day exponential transfer of average (EMA). Read more …
