Pound Sterling Price News and Forecast: GBP/USD cracks 1.3400 as blowout US NFP revive Fed hike bets
British Pound cracks 1.3400 as blowout US NFP revive Fed hike bets
The Pound Sterling dives by nearly 0.60% against the US Dollar as a stellar US Nonfarm Payrolls report indicates that the labour market is solid and clears the path for additional tightening by the Federal Reserve (Fed). The GBP/USD trades at 1.3371 after peaking near 1.3463. Read More...
GBP/USD Price Forecast: Holds a bullish bias above key support ahead of BoE decision
The GBP/USD pair trades in positive territory near 1.3490 during the early European trading hours on Thursday. The US Dollar (USD) softens against the British Pound (GBP) after the Democrats take control of the US Congress in midterm elections. Read More...
British Pound flatlines near mid-1.3400s vs softer USD; looks to US NFP for fresh impetus
The GBP/USD pair attracts some dip-buyers during the Asian session on Friday, stalling the previous day's retracement slide from levels just above the 1.3500 psychological mark, or its highest level since mid-September. Traders, however, seem hesitant to place aggressive bets ahead of the release of the crucial US monthly employment details, with spot prices currently trading just above 1.3450, up only 0.05% for the day. Read More...
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