Pound Sterling Price News and Forecast: GBP/USD rises toward 1.3500
British Pound rises toward 1.3500 as hopes for US-Iran deal improve market sentiment
The British Pound (GBP) strengthens against the US Dollar (USD) on Monday, with GBP/USD climbing toward the 1.3500 mark as improving optimism surrounding a possible US-Iran agreement boosts market sentiment and weighs on the Greenback. At the time of writing, the pair is up 0.54% on the day, hovering near its highest level since May 14. Read More...
British Pound builds on intraday gains vs weaker USD; approaches 1.3500 on Iran deal hopes
The GBP/USD pair is seen building on its modest bullish opening gap on Monday and recovering further from its lowest level since April 8, around the 1.3300 round figure touched last week. The intraday move up is sponsored by a broadly weaker US Dollar (USD) and lifts spot prices back closer to the 1.3500 psychological mark, or a one-and-a-half-week high during the Asian session. Read More...
British Pound gains ground above 1.3450 on US–Iran progress
The GBP/USD pair gains traction to near 1.3480 during the early Asian session on Monday. The US Dollar (USD) weakens against the British Pound (GBP) as the United States (US) and Iran signal peace progress. Trading volumes are expected to be light due to a market closure for Memorial Day in the US. Read More...
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