News and prognosis of the pound of the pound sterling: GBP/USD falls while Trump tariffs agitate the currency markets, IPC data is coming

GBP/USD slides while Trump tariffs agitate currency markets, IPC data is coming

The sterling pound (GBP) decoced 0.18% during the North American session while the US dollar (USD) is recovered after the wave of tariffs of the US president, Donald Trump, which included the European Union (EU) and Mexico. Although initially caused a reaction of risk aversion, the feeling changed positively in the actions, but not in the currency space. The GBP/USD is quoted at 1,3453 at the time of writing. Read more…

The sterling pound quotes downwards the US dollar, US CPI data and the United Kingdom come into focus

The sterling pound (GBP) slides about 1,3450 against the US dollar (USD) during the European negotiation session on Monday, the lowest level in three weeks. The GBP/USD torque decreases as the demand for perceived assets has decreased, after a nervous market environment amid commercial tensions between the United States (USA) and the European Union (EU). Read more…

GBP/USD remains stable around 1,3500; It seems vulnerable near minimums of several weeks

The GBP/USD torque enters a bass consolidation phase during the Asian session and oscillates in a narrow range around the 1,3500 psychological brand, just a few PIPs above a minimum of three weeks reached on Friday. In addition, the fundamental background suggests that the lower resistance path for cash prices remains down. Read more…

Source: Fx Street

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