Pound Sterling Price News and Forecast: GBP/USD rebounds to 1.3500 as Fed’s Bowman backs July cut
|GBP/USD rebounds to 1.3500 as Fed’s Bowman backs July cut, Iran tensions flare
The Pound Sterling (GBP) advances during the North American session, up 0.37% against the US Dollar, as risk appetite improved amid developments in the Middle East. At the time of writing, GBP/USD trades at 1.3500. Read More...
Pound Sterling declines against US Dollar as Greenback gains of US-Iran tensions
The Pound Sterling (GBP) slumps to near 1.3370 against the US Dollar (USD) during European trading hours on Monday. The GBP/USD pair weakens as investors rush to safe-haven assets, following the escalation of tensions between the United States (US) and Iran. Read More...
UK Preliminary Services PMI rises to 51.3 in June vs. 51.3 expected
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) improved to 47.7 in June from 46.4 in May. The data better the market forecast of 46.6 in the reported period.
Meanwhile, the Preliminary UK Services Business Activity Index advanced to 51.3 in June versus May’s 50.9 while meeting the expected 51.3 figure. Read More...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.