The flat sterling pound in the midst of the caution of the BOE, the US dollar is recovering slightly
The sterling pound (GBP) is negotiating flat against the US dollar (USD) on Tuesday, retreating slightly from its maximum intradica while staying within Monday’s range. The GBP/USD pair remains stable while the US dollar is softened slightly from a minimum of six weeks, with the market participants attentive to the next US economic data and digesting new comments from the officials of the Bank of England (BOE) after the hearings of the Monetary Policy Report on Tuesday. Read more…
GBP/USD approaches 1,3500 after the BaE of Bae’s comments
GBP/USD quote with negative bias above 1,3500 before the BOE monetary policy report
The GBP/USD torque attracts some vendors during the Asian session on Tuesday and erodes part of the strong upward movement of the previous night to the area of ​​1,3560, or a maximum of several days. Cash prices fall to the area of ​​1,3515, or a new daily minimum in the last hour amid a modest rebound of the US dollar (USD), although the fundamental background justifies a certain caution for the bassist traders. 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.
