GBP/USD climbs above 1.3240 as Iran hopes dent US Dollar
The British Pound advanced by over 0.40% on Monday as US President Donald Trump extended Iran’s ultimatum until April 7, while rumours of a possible de-escalation weighed on the American Dollar. The GBP/USD trades around the 1.3240 figure at the time of writing. Read More…
GBP/USD Price Forecast: Retakes 1.3200; bearish bias persists amid geopolitical risks
The GBP/USD pair attracts some dip-buyers near the 1.3175 region during the Asian session on Monday, and for now, seems to have snapped a two-day losing streak. Spot prices climb back above the 1.3200 mark in the last hour, though any meaningful appreciation still seems elusive amid persistent geopolitical uncertainties. Read More…
GBP/USD slips after blockbuster NFP revives Fed hold outlook
The GBP/USD extended its losses for the second straight day, down 0.12% after a stellar US Nonfarm Payrolls report, which could refocus the Federal Reserve on battling higher inflation that has remained above target for five years. At the time of writing, the pair trades at 1.3205. Read More…
