Sellers Hesitate as Market Mood Improves

Sellers hesitate as market mood improves

GBP/USD trades in positive territory above 1.3400 on Friday. The technical outlook suggests that the bearish pressure is easing. The University of Michigan will publish the preliminary Consumer Sentiment Index for July. Following Thursday’s choppy action, GBP/USD gains traction and rises toward 1.3450 in the European session on Friday. British Pound PRICE Today The table below shows the percentage change of British Pound (GBP) against listed ma…

News and prognosis of the price of the pound sterling: the GBP/USD can be seen as the USD loses ground after the moderate speech of the Fed. - World Stock Market

GBP/USD rises to about 1,3450 due to a better market feeling, focus on the feeling of the University of Michigan The GBP/USD gains ground after registering small losses in the previous session, quoting around 1,3440 during Friday’s Asian hours. The torque can be seen as the US dollar (USD) goes back due to the moderate statements of the Federal Reserve officials (FED). The president of the Fed of San Francisco, Mary Daly, said that waiting for t…