GBP/USD forecast: Pound Szterling remains on the right track to weekly profits
GBP/USD moves aside on a tight channel over 1.3250 in the European session on Friday after the publication of compact profits on Thursday. The couple remains on the right track to finish a week in a positive territory.
The American dollar index (USD), which tracks USD performance in relation to the basket of six main currencies, closed slightly higher on Thursday, supported by hopeful weekly data on claims for the first time. The number of applications for unemployed benefits for the first time dropped to 215,000 from 224,000 last week. Read more …
GBP/USD forecast: Pound Sterling has a stubborn prejudice before a long weekend
After reaching the fresh 2025-Wysokie near 1.3300 on Wednesday, GBP/USD lost a stubborn rush and ended the day with virtually unchanged. The couple expands its side to about 1.3250 during the European session on Thursday.
The improvement of risk sentiment helps GBP/USD to stay on Thursday, but a modest recovery in American dollar (USD) limits the advantages of the couple. Read more …
