Pound Sterling Price News and Forecast: GBP/USD rebounds as soft JOLTS and Oil decline pressure USD
British Pound rebounds as soft JOLTS and Oil decline pressure USD
The Pound Sterling (GBP) recovers some ground against the US Dollar (USD) on Tuesday, up 0.14%, as US jobs data was softer than expected but confirmed the strength of the labor market, with layoffs being little changed. The GBP/USD pair trades at 1.3451 after rebounding from 1.3419. Read More...
British Pound finds footing at 1.3420 with markets awaiting US Job Openings data
The British Pound (GBP) edges higher against the US Dollar (USD) on Tuesday, reaching session highs above 1.3440 after finding support at the 1.3420 area earlier on the day. A mild risk appetite amid market hopes of a negotiated breakthrough in Iran and investors’ cautiousness ahead of key US labour market releases are keeping US Dollar bulls subdued on Tuesday. Read More...
British Pound weakens below 1.3450 as US-Iran uncertainty boosts safe-haven US Dollar
The GBP/USD pair loses ground to near 1.3425 during the early Asian session on Tuesday. Uncertainty surrounding US-Iran talks drives traders toward a safe-haven currency such as the US Dollar (USD) against the British Pound (GBP). All eyes will be on the US July jobs data, which is due later on Friday. Read More...
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