GBP/USD rebounds to mid-1.2500s amid better risk appetite as focus turns to US jobs data
Better risk appetite has seen GBP/USD rebound to the mid-1.2500s on Thursday despite UK market
Financial and Business News
Better risk appetite has seen GBP/USD rebound to the mid-1.2500s on Thursday despite UK market
GBP/USD edged lower for the second successive day amid strong follow-through USD buying. Rising US
GBP/USD has stalled below key resistance at the May high and the 23.6% retracement of
GBP/USD met with a fresh supply on Tuesday and snapped four straight days of the
Kamal Sharma, a London-based foreign-exchange strategist at Bank of America (BofA), offers a bearish outlook on
GBP/USD has lost its traction but managed to hold above the 1.26 level. The pair
GBP/USD pares the first daily loss in five around one-month high. Cautious sentiment ahead of
UK Public Inflation Expectations For 12 Months Ahead 6.1% vs. 6% previous, according to a
GBP/USD is consolidating in fairly quiet trade close to one-month highs in the mid-1.2600s. Volumes
Goldman Sachs said in its latest note that "the UK chancellor announced a new round