The sterling pound wins after the rejection of Trump’s tariff policy by an American court
The sterling pound (GBP) recovers from the initial losses against the US dollar (USD) and recovers the key level of 1,3500 during negotiation hours in North America on Thursday. The GBP/USD pair bounces as the US dollar yields a part of its initial profits, since the verdict of the United States International Trade Court against the tariffs of President Donald Trump further increases economic uncertainty. Read more…
GBP/USD moves down below 1,3450 before the US GDP publication.
The GBP/USD torque quotes in negative territory around 1,3435 during the early European session on Thursday. The dollar is strengthened against the sterling pound (GBP) after the US Commercial Court blocks the wide tariffs of President Donald Trump. The preliminary reading of the US gross domestic product report (GDP) for the first quarter (Q1) will be the culminating point later on Thursday. Read more…
GBP/USD marks a second day down before the US key data.
The GBP/USD cut more profits on Wednesday, stumbling for the second consecutive session and retreating below 1,3500 after a failed attempt to recover 1,3600 earlier this week. The Libra markets are withdrawing from the upper end of a bullish streak that led the cable to maximum of several years, however, the impulse still favors the bosters of the pound sterling. 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.
