GBP/USD bounces above 1,3300 while the tensions between the US and China shake the US dollar
The sterling pound recovered some land against the US dollar on Thursday, since the market participants became pessimistic about the de -escalation of the commercial war between the US and China. Beijing is pressing Washington to eliminate tariffs and has denied conversations. At the time of writing, the GBP/USD quotes above 1,3300 and earns 0.55%. Read more …
The sterling pound is recovered against the US dollar despite hopes in a commercial agreement between the US and China
The sterling pound (GBP) maintains initial profits about 1,3300 against the US dollar (USD) in the American session on Thursday. The GBP/USD pair bounces after a two -day correction, since the USD struggles to extend the recovery, with the US dollar index (DXY), which tracks the value of the dollar against six main currencies, facing pressure near the psychological level of 100.00. Read more…
GBP/USD price forecast: Alcista perspective is maintained above 1,3250
The GBP/USD pair advances around 1,3270, breaking the two -day loss streak during the first time of European negotiation on Thursday. The mitigation of concerns about possible tariff threats by US President Donald Trump exerts some sales pressure on the US dollar (USD). 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.
