GBP/USD has reached a two -month rise at 1.2674, where he struggled with the US dollar
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).
American initial unemployment claims for the week ended on February 14 to 219,000, bypassing 215,000 expected. The unemployed demands increased to 1.869 million, under the expectation of 1.87 million. Read more …
GBP/USD rises above 1.2600 on weak American job data
The pound sterling (GBP) climbs against the US dollar (USD) and crosses No. 1.2600 on Thursday, with traders waiting to issue retail sales data in the United Kingdom (UK). Meanwhile, the weakest job report in the United States (the United States) in US dollars. The GBP/USD pair is trading at 1.2616, an increase of 0.25 %.
The cable failed in the gathering on Wednesday with an increase in inflation from 3 % in January, which weakened the issue for further discounts in interest rates by the Bank of England (Bank of England). Meanwhile, the definition speech in US President Donald Trump continues. Read more …
