GBP/USD slides with fears of the trading war, weighing uncertainty in the central bank

The pound (GBP) is about 0.29 % against the US dollar (USD) on Friday, is scheduled to end the week unchanged after the main central banks have emerged monetary policy decisions led by Federal Reserve (Fed) and England Bank (BOE). At the time of this report, GBP/USD is traded at 1.2931 after reaching a daily peak of 1.2969. Read more …

The sterling is a weak performance in US dollar, where the federal reserve supports the position of restrictions

The pound (GBP) extends the correction to approximately 1.2920 against the US dollar (USD) in the trading hours in North America on Friday. The GBP/USD pair weakens as the US dollar extends to recovery amid increasing expectations that the Federal Reserve (Fed) will not reduce interest rates soon. The US dollar index (DXY), which tracks the value of Greenback for six main currencies, collects force to break the main resistance of 104.00. Read more …

GBP/USD merges over the middle of 1.2900s; It is still close to the multiple peak months specified on Thursday

The GBP/USD pair lacks any fixed direction inside the day on Friday and swings in a narrow trading range, around the 1.2960 region during the Asian session. However, immediate prices are still close to the top since early November – levels exceeding the psychological brand of 1.3,000 on Thursday – and remain at the mercy of the dynamics of US dollar price (USD). Read more …