GBPUSD - Will Pound US Dollar (GBP/USD) Exchange Rate Surge if Fed Skips June Hike as Expected?
09-06-2023 03:16
The Pound US Dollar (GBP/USD) exchange rate is drifting lower today. A mixed market mood may be weighed on the pairing. An uptick in US Treasury bond yields may also be pulling the exchange rate lower ...
GBP/USD Forecast: Bulls need to defend 1.2520 to retain control
On the upside, static resistance seems to have formed at 1.2560. Once that level turns into support, GBP/USD could target 1.2600 (psychological level, static level) and 1.2650 (beginning-point of the ...
GBP/USD Forecast: Faces Consolidation
The gbp/usd demonstrated strength in Thursday's trading session, experiencing a rally. However, the market is currently trapped within a significant consolidation area, with the 50-Day Exponential ...
GBP/USD: Further gains remain on the cards
EUR/USD remains on the defensive below 1.0800, as it consolidates weekly gains heading into Friday’s European session. The pair takes cues from the market’s sluggish momentum amid a light calendar and ...
GBP/USD Technical Analysis: Recovery Despite Pressure
Throughout this week's trading, the price of the gbp/usd currency pair is on an upward rebound path to compensate for its recent losses.