GBP/USD Holds Near Three-Year High as Pound Shows Resilience

GBP/USD Holds Near Three-Year High as Pound Shows Resilience

Market Analysis by covering: British Pound US Dollar. Read 's Market Analysis on Investing.com

Drops in Risk Off Move

The British pound initially rallied against the Japanese in during the trading session on Wednesday as we tested the crucial 195 level again. The 195 level is an area that’s been important multiple times. So, I do think it makes a lot of sense that we are just hanging out here. With that being said, I like the idea of buying dips, but we may get a little bit deeper correction from which we can trade from. With that being the case, I am taking a …

News and prognosis of the price of the pound sterling: GBP/USD recovers land in the middle of a weak USD, an optimistic PMI and a relief in tariffs - World Stock Market

The sterling pound recovers land in the middle of a weak USD, an optimistic PMI and a tariff relief The sterling pound (GBP) rises against the US dollar (USD) on Wednesday, reducing Tuesday’s losses as the dollar softens slightly before the key data of the US labor market expected that they increased confidence in the labor market. Read more… GBP/USD remains above 1,3500 while the US dollar is pressed by the tendency to “sell America” The GBP/…

Pound to Dollar Forecast: GBP's Momentum is "Firmly in Bullish Territory"

The Pound-to-Dollar exchange rate (GBP/USD) found support close to 1.3500 on Wednesday and was initially held in tight ranges. Weaker-than-expected US data, however,...

GBP/USD Holds Near Three-Year High as Pound Shows Resilience - Action Forex

The GBP/USD pair remains steady around 1.3515, maintaining its strength after reaching a three-year high on 26 May. The British pound has shown greater stability than other major currencies amid rising geopolitical and economic pressures. Pound supported by global tensions and domestic optimism Ongoing trade tensions between the US and China continue to weigh on […] The post GBP/USD Holds Near Three-Year High as Pound Shows Resilience appeared f…

GBP/USD maintains its position as the US Dollar struggles

The post GBP/USD maintains its position as the US Dollar struggles appeared on BitcoinEthereumNews.com. GBP/USD remains above 1.3500 as US Dollar comes under pressure from “Sell America” trend GBP/USD edges higher after registering losses in the previous session, trading around 1.3520 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) attracts sellers under the “Sell America” trend amid rising tariff uncertainty,…