The GBP/USD bounces despite the solid US NFP Report

The sterling pound (GBP) advances for the first time in the last four days and bounces from the weekly minimums against the US dollar, although an optimistic employment report in the United States (USA) decreased the fears of recession in the largest economy. However, the US dollar (USD) failed to gain ground, as indicated by the GBP/USD quoting 1,3321, with an increase of 0.39%. Lead more …

The sterling pound returns most of the profits against the US dollar for the US optimist NFP.

The sterling pound (GBP) moves away from the maximum of the day of 1,3320 against the US dollar (USD) in the American session on Friday. The GBP/USD torque cuts some of its intradic earnings as the US dollar bounces after the publication of optimistic non -agricultural payroll data (NFP) of the USA for April. The American dollar index (DXY), which tracks the value of the dollar against six main currencies, bounces from the intra -diacy of 99.60. Read more …

The GBP/USD records moderate losses below 1,3300 before the US NFP publication.

The GBP/USD pair moves down about 1,3275 during Friday’s Asian negotiation hours. Positive developments around commercial conversations between the US and China provide some support for the US dollar (USD). Investors will be attentive to the US employment report later on Friday, which will include non -agricultural payroll (NFP), the unemployment rate and average earnings per hour. Read more…