GBP/USD slips on robust US data as Fed cut odds fade

The GBP/USD drops during the North American session, edges down 0.07% following the release of strong US economic data that boosted the Greenback which hit a new July high as it recovers some ground at the beginning of the second half. At the time of writing, the pair trades at 1.3408. Read More…

Pound Sterling gains even as UK Unemployment Rate accelerates

The Pound Sterling (GBP) trades higher against its major peers, except for the US Dollar, on Thursday. The British currency gains after a mixed United Kingdom (UK) job market report, which showed more employment levels but also a higher unemployment rate. Read More…

GBP/USD drops below 1.3400 ahead of UK labor data

GBP/USD loses ground after registering gains in the previous session, trading around 1.3390 during the Asian hours on Thursday. Traders are awaiting the United Kingdom (UK) jobs report, which includes June’s Claimant Count Change and ILO Unemployment Rate for the three months to May, due later in the day. Read More…