Pound Sterling Price News and Forecast: GBP/USD slips to 1.3401

FXStreet Team FXStreet

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...

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