GBP/USD remains above the key level despite the divergence in rates and nerves by the commercial war
Libra sterling (GBP) is practically unchanged during the American session, but remains above a key technical level, after a solid employment report in the United States (USA) last week. This, together with the probability of more tax increases by the United Kingdom government, is exerting pressure on the cable. At the time of writing, the GBP/USD exchange rate is 1,3638. Read more…
The sterling pound weakens against the US dollar before the US tariff deadline.
The sterling pound (GBP) falls to about 1,3580 against the US dollar (USD) during the European negotiation hours on Monday. The GBP/USD torque descends while the US dollar is neglected calmly, with investors waiting for holders related to trade in the regressive account for the tariff deadline of the United States (USA) on July 9. Read more…
GBP/USD price forecast: Falls around 1,3600 after breaking below the nine -day EMA
The GBP/USD pair extends its losses per second consecutive session, quoting around 1,3620 during the Asian hours of Monday. The bullish bias persists since the technical analysis of the daily chart indicates that the torque is maintained within the ascending channel pattern. 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.
