GBP/USD Forecasting: Pound Sterling remains dangerous near the support level in the main
GBP/USD lost 0.3% last week and snapped a three-week winning streak. The pair enters a phase of integration -included Monday and trading below 1.3300.
The GBP/USD closed almost unchanged on Friday as the US Dollar (USD) struggled to gather strength following the April -making market data from the US. The Bureau of Labor Statistics (BLS) reported that nonfarm payroll (NFP) rose 177,000 in April. Read more …
GBP/USD Weekly Perspective: Pound Sterling Awaits Fed-Boe Policy Decisions for Fresh Impetus
The King Dollar recovered its throne, booking a third weekly benefit, due to the backward fears of tariff war and hope emerging from potential trade dealings between the United States (US) and the major Asian trading partners.
United States President Donald Trump and some of his colleagues were stuck in their rhetoric that trade negotiations continued in China despite Beijing's removal of such conversations. Trump said for a week that he had a “potential” trade deal with India, South Korea and Japan and there was a very good chance of reaching an agreement with China. Read more …
