Pound Sterling Price News and Forecast: GBP/USD slips to 1.3401
|GBP/USD slips to 1.3401 as US–EU trade deal lifts Dollar ahead of Fed meeting
The GBP/USD drops 0.25% during the North American session after the United States (US) and the European Union (EU) reached a trade agreement before the August 1 deadline set by President Donald Trump. At the time of writing, the pair trades at 1.3401, near two-week lows. Read More...
Pound Sterling slides as US-EU deal approval strengthens US Dollar
The Pound Sterling (GBP) drops to near 1.3400 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair falls as the US Dollar attracts bids after the announcement of a trade framework between the United States (US) and the European Union (EU). Read More...
GBP/USD Price Forecast: Retains bullish bias above 1.3550 above the 100-day EMA
The GBP/USD pair posts modest gains near 1.3440 during the Asian trading hours on Monday. The latest optimism fueled by a trade deal between the United States (US) and the European Union (EU) triggers a fresh wave of the global risk-on sentiment, which boosts the Pound Sterling (GBP). All eyes will be on the US Federal Reserve (Fed) interest rate decision later on Wednesday, with no change in rate expected. 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.