GBP/USD remains above 1,3400 while the US PMI strength compensates for tax concerns
The sterling pound (GBP) is sailing in an agitated price action against the US dollar (USD) on Thursday, staying above the psychological level of 1,3400 to operate about 1,3410 during the American session, while the operators digest the latest business activity data on both sides of the Atlantic. The pair shows signs of indecision after going back from a maximum of three years of 1,3468 reached on Wednesday. Read more …
GBP/USD becomes cautious after the failure of the United Kingdom manufacturing PMI, with focus on US data.
Libra sterling (GBP) has been constantly winning against the US dollar (USD) since January, reflecting divergent economic conditions between the United Kingdom and the United States. Read more…
GBP/USD falls to 1,3400 behind the mixed data of the United Kingdom PMI
GBP/USD is depreciating after the publication of mixed data on the purchasing managers index (PMI) manufacturing of the United Kingdom of Global/CIPS S&P on Thursday. The PAR has maintained its position about 1,3468, the highest since February 2022, reached on Wednesday, and is operating around 1,3410 during European hours. 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.
