Pound Sterling Price News and Forecast: GBP/USD climbs as US-Iran peace hopes weaken US Dollar

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GBP/USD climbs as US-Iran peace hopes weaken US Dollar

GBP/USD advances by some 0.28% on Thursday as the US and Iran appear close to signing a peace deal that could reopen the Strait of Hormuz, while keeping issues like the nuclear program unresolved. At the time of writing, the pair trades at 1.3627, rising for a third consecutive day. Read More...

GBP/USD Price Forecast: Advancing 20-day EMA supports upside towards 1.3700

The GBP/USD pair trades 0.18% higher around 1.3620 during the European trading session on Thursday. The Cable reflects strength as the US Dollar (USD) faces selling pressure amid the optimism that the United States (US) and Iran will reach a peace deal soon. Read More...

GBP/USD Price Forecast: Holds gains near 1.3600 as bullish bias prevails

GBP/USD remains stronger for the third consecutive day, trading around 1.3600 during the Asian hours on Thursday. The technical analysis of the daily chart indicates an improving bullish trend as the pair rebounds from the lower boundary of the ascending channel. Read More...

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