GBP/USD slides after reaching the last high record SMA for 100 days
GBP/USD records Fridays during the North American session after the SMA SMA test at 1.2658. Good economic data from the UK (UK) prompted the pair towards its highest level on an annual basis (YTD) from 1.2678 before settling in the current instant prices. The pair exchanges hands near 1.2660. Read more …
The British pound weakens against the US dollar, where investors see Trump’s tariff
The pound (GBP) returns after its publication at a new height for two months near 1.2680 against the US dollar during the trading hours in North America on Friday. GBP/USD pair surrenders gains inside the day and turns into negative as the US dollar is bounced. The US dollar index (DXY), which tracks the value of Greenback compared to six main currencies, rises to approximately 106.65 of its lowest level from the year to the date of about 106.30, which was published on Thursday. Read more …
GBP/USD remains above 1.2650 near its highest level for two months
GBP/USD decreased to a decrease after reaching the highest level in two months at 1.2674 on Friday, and about 1.2670 traded at the time of writing this report during the Asian session. However, the husband gained a land where the US dollar (USD) fought amid weak unemployment claims and mixed signs of the Federal Reserve (Fed). Read more …
