GBP/USD advances as Trump loosen the control of technological trade with China
The GBP/USD registered minimal profits during the US session after reaching a daily maximum of 1,3581, after an article of the Wall Street Journal that suggests that US president, Donald Trump, is granting maneuver margin to the secretary of the US Treasury, Scott Besent, in relation to technology sales and lifting the export controls over China. At the time of writing, the PAR is quoted at 1,3532, with an increase of 0.05%. Read more…
The sterling pound operates mixed before the United Kingdom’s employment data
The sterling pound (GBP) exhibits mixed performance in front of its main peers at the beginning of a week full of economic data of the United Kingdom (UK). Investors will pay special attention to the United Kingdom employment data for the three months that ended in April and the monthly data of the Gross Domestic Product (GDP) of April, which are scheduled to be published on Tuesday and Thursday, respectively. Read more…
GBP/USD prices prognosis: The bullish perspective remains above 1,3550
The GBP/USD pair earns traction around 1,3555 during the early European session on Monday, driven by a weaker US dollar (USD). Commercial uncertainty affects the feeling among US companies, which leads operators to reassess the status of secure refuge of the dollar and acts as a tail wind for the main torque. Operators expect the United Kingdom’s employment data to obtain a new impulse, which will be published later on Tuesday. 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.
