News and prognosis of the price of the pound sterling: GBP/USD relaxes from a maximum of 3 years as the BOE becomes moderate, US data exceeds expectations

GBP/USD softens from the maximum of 3 years as the BOE becomes moderate, US data exceeds expectations

The sterling pound (GBP) loses ground against the US dollar after reaching a new three -year peak of 1,3788, just below the 1,3800 figure. The US economic data (USA), together with the moderate comments of the Governor of the Bank of England (BOE), exerted downward pressure. The GBP/USD quotes at 1,3721, lowering 0.07%. Read more…

GBP/USD advances, approaching 1,3800 with the US dollar in long -term minimal

The pound is accelerating its upward trend on Tuesday, without being affected by the data of the United Kingdom manufacturing PMI, some discouraging. The weakness of the US dollar is promoting markets today, with uncertainty about tariffs, renewed concerns about US fiscal health and growing bets on fed cuts that crush the demand of the US dollar. Read more…

GBP/USD remains stable around 1,3740, remains close to the maximum of several years in the middle of a USD bassist

The GBP/USD pair advances during the Asian session on Tuesday and currently lies around the 1,3740 area, just below its highest level since October 2021 reached last week in the middle of a US dollar (USD) bassist. Read more…

Source: Fx Street

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