GBP/USD: Cautious optimism over Brexit, Omicron defends 1.3500 ahead of US NFP
GBP/USD holds onto corrective pullback from 1.3490, seesaws near two-month high. UK’s Jacob Rees-Mogg defends
Financial and Business News
GBP/USD holds onto corrective pullback from 1.3490, seesaws near two-month high. UK’s Jacob Rees-Mogg defends
UK Final Services PMI upwardly revised to 53.6 in December. GBP/USD holds a rebound above
GBP/USD refreshes intraday low, extends pullback from two-month top. Fed Minutes, ADP Employment Change fuelled
GBP/USD edged higher on Wednesday amid subdued USD demand, though lacked bullish conviction. A softer
The UK manufacturing sector activity expanded more than expected in December, the final report from
GBP’s strong recovery from 2021’s year-end lows is losing momentum. As Benjamin Wong, Strategist at
GBP’s recovery from Covid peaked at 1.4212 in May 2021. In November, the Bank of
GBP/USD has managed to recover to 1.3500 following Monday's decline. In the view of FXStreet’s
GBP/USD regained positive traction on Friday and climbed back closer to the monthly high. The
GBP/USD has turned south after testing 1.3500 on Wednesday. The technical outlook suggests that the