GBP/USD paradise will pass 1.3000 when China escalates a trade war with us
The Sterling (GBP) pound expands its profits compared to the US dollar (USD) as the US-China trading war is escalated, with Beijing output 125% of tariffs on American goods. Trade policy continues to drive a price campaign, and economic data take the place of the back. At the time of writing this text, GBP/USD trades to 1.3067, which is an boost of 0.77%. Read more …
GBP/USD climbs above 1.3100 for persistent weakness USD
After closing the third day in a row on a positive territory on Wednesday, GBP/USD retains its stubborn shoot and increases by about 1% on around 1.3100. Read more …
Great Britain of GDP reflects 0.5% in February compared to 0.1% of the expected
The Economy of Great Britain increased in February, z Gross domestic product (GDP) Refront 0.5% After registering the lack of growth in January, the latest data published by the National Statistics Office (ONS) showed on Friday. The market forecast concerned an boost of 0.1% in the reported period.
Meanwhile, the service rate (February) was 0.6% 3 m/3m compared to 0.4% in January.
Other data from Great Britain showed that monthly industrial and production production increased by 1.5% and 2.2% in February, respectively. Both readings are better market expectations. Read more …
