US EditionGBP/USD Trades Slightly Higher in Thin Holiday Trade
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GBP/USD trades slightly higher in thin holiday trade
GBP/USD trades slightly higher in thin holiday trade ahead of US NFP The British Pound (GBP) trades slightly higher against the US Dollar (USD) on Friday, as modest softness in the Greenback lends some support. However, price action remains subdued amid thin liquidity conditions due to the Good Friday holiday, with trading activity likely to pick up during the American session as traders await the US Nonfarm Payrolls (NFP) report. At the time of…
GBP/USD: Geopolitical Tensions Drive Pound Selling - ActionForex
GBP/USD stabilised around 1.3227 on Friday following a sharp decline the previous day. Rising geopolitical tensions have weighed on the pound following fresh statements from US President Donald Trump. Increased military rhetoric towards Iran and the lack of clarity regarding the reopening of the Strait of Hormuz have led to a jump in oil prices […] The post GBP/USD: Geopolitical Tensions Drive Pound Selling appeared first on ActionForex.
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