Pound Sterling Price Message and forecast: GBP/USD slipping after reaching a record high SMA

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GBP/USD slips after achieving a record high level of 100-day SMA

GBP/USD registers losses on Friday during the North American session after testing a 100-day straight movable average (SMA) at 1.2658. Good economic data from Great Britain (Great Britain) pushed the pair in the annual (YTD) direction of 1.2678 before stabilization at current spot prices. The pair changes their hands near 1.2660. Read more …

Pound Sterling weakens to the American dollar because investors see Trump’s less terrifying tariffs

Pound Sterling (GBP) falls off after the publication of a fresh two -month level near 1.2680 in relation to the American dollar in the North American commercial situation on Friday. The GBP/USD pair resigns from compact profits and becomes negative when the American dollar is reflected. The American dollar index (DXY), which follows the Greenback value compared to the six main currencies, collections to almost 106.65 from the annual (YTD) lowest level of about 106.30, which he published on Thursday. Read more …

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GBP/USD remains above 1.2650 near two -month peaks

GBP/USD turned lower after reaching a two -month level of 1.2674 on Friday, trading around 1.2670 at the time of writing during an Asian session. However, the couple gained when the US dollar (USD) fought among needy claims and mixed signals from the Federal Reserve (FED). Read more …

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