The GBP/USD is staging a restoration after diving to recent February lows round 1.1914 within the mid-North American session, bolstered by total US Dollar (USD) weak point. Nevertheless, it stays buying and selling under the necessary 200-day Exponential Moving Average (EMA) at 1.2132, conserving the downtrend intact. At the time of writing, the GBP/USD is exchanging arms above the 1.2020 determine, above its opening value by 0.30%. Read More…
The GBP/USD pair stays below heavy promoting stress for the third straight day on Friday and drops to its lowest degree since January 6 in the course of the first half of the European session. Read More…
In the opinion of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, GBP/USD may lengthen the decline to the 1.1900 area within the subsequent weeks. Read More…
