GBP/USD expectations: The sterling remains on the right track to spread the weekly gains
GBP/USD moves on a narrow channel over 1.3250 in the European session on Friday after publishing small gains on Thursday. The husband remains on the right track to end the week in a positive area.
The US dollar index (USD), which tracks the performance of the dollar for a basket of six main currencies, closed marginally higher on Thursday, with the support of the optimistic initial first fair claim data. The number of requests for the first time for unemployment entitlements decreased to 215,000 from 224,000 in the previous week. Read more …
GBP/USD expectations: The pound sterling holds a biological bias before the long weekend
After reaching 2025 high near 1.3300 on Wednesday, GBP/USD lost its upscale momentum and ended today without change. The couple extends the side grinding at about 1.3250 in the European session on Thursday.
GBP/USD improvement on Thursday, but the modest recovery that was seen in US dollar (USD) reduces the bullish direction of the husband. Read more …
