GBP/USD steadies near 1.1430 as focus shifts to Biden-Truss meet, Fed vs. BOE play
GBP/USD reverses early Asian session gains on firmer DXY, sidelined of late. Market’s cautious optimism
Financial and Business News
GBP/USD reverses early Asian session gains on firmer DXY, sidelined of late. Market’s cautious optimism
GBP/USD initially spiked up before retreating on the UK data-dump. UK Q2 GDP contracted 0.1%,
GBPUSD reverses the previous day’s corrective pullback, holds lower ground near intraday bottom of late.
EUR/GBP is rising in the Asian session and eyes are on a break of 0.8550. UK politics
GBP/USD struggles to gain traction as it consolidates the biggest daily loss in three weeks.
The GBP/USD pair was last seen retreating toward 1.21. Below here, cable could retest the
GBP/USD turned lower for the third straight day and dropped to a nearly two-week low.
GBP/USD defends the first weekly gain in four. Risk-on sentiment underpinned the corrective pullback despite
GBP/USD snaps two-day uptrend, flirts with intraday low at the latest. Brexit pessimism joins UK’s
GBP/USD rebounds to 1.21 but strong headwinds remain. Economists at Scotiabank expect cable to drop