Pound Sterling Price News and Forecast: GBP/USD climbs as US Dollar weakens due to falling yields
|GBP/USD climbs as US Dollar weakens due to falling yields
The Pound Sterling (GBP) advanced early in the North American session, bouncing off a two-day low of 1.2605, as the Greenback weakened due to falling US Treasury yields. The GBP/USD pair trades at 1.2669, gaining 0.37%. Read More...
Pound Sterling outperforms US Dollar despite concerns over Trump's tariff agenda
The Pound Sterling (GBP) climbs to near 1.2675 against the US Dollar (USD) in Tuesday’s North American session. The GBP/USD pair strengthens as the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps to near 106.30 after failing to hold the recovery move from the 10-week low, which it showed on Monday. Read More...
GBP/USD Price Forecast: Holds gains above 1.2600 support near nine-day EMA
The GBP/USD pair gains ground after registering losses in the previous two successive sessions, trading around 1.2630 during the Asian session on Tuesday. However, technical analysis of the daily chart suggests a persistent bullish bias, with the pair continuing to move within an ascending channel pattern. Read More...
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