The sterling pound (GBP) collapses more than 100 pips or 0.90% against the US dollar at the beginning of the week, driven by fears of recession and truncated hope that the White House could reconsider its position in commercial policies during the weekend. The GBP/USD torque is quoted at 1,2763 after reaching a daily maximum of 1,2933. Read more…
The sterling pound collapses while Trump’s tariffs send shock waves to the global economy
The sterling pound (GBP) renounces its intra -recovery movement and falls about 1,2800 against the US dollar (USD) during the American session on Monday, its lowest level seen in a month. The GBP/USD torque faces an intense mass sale while the US dollar struggles to gain ground, with the US dollar index (DXY), which tracks the value of the dollar against six main currencies, seeking to stay above 103.00. Read more…
The GBP/USD bounces from a minimum of a month, defends the 200 -day SMA and takes up 1,2900
The GBP/USD pair attracts some purchases at lower levels near the 1,2830 region, or more than a minimum of one month reached during the Asian session on Monday and for now, it seems to have stopped its setback from a maximum of six months reached last week. Cash prices currently quote around the round figure of 1,2900, although the rebound lacks bullish conviction in the middle of a more global global economic panorama. Read more…
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
