GBP/USD rises as Pakistan talks escalate risk sentiment
The GBP/USD currency pair rose on Friday as risk appetite increased following the start of US-Iran talks in Pakistan. Meanwhile, U.S. inflation rose in March as expected, but investors seem confident this is a one-off spike as they remain hopeful about Middle East peace negotiations. The pair rate is 1.3461, which means an escalate of 0.20%. Read more…
Pound Sterling Remains Depressed Against USD; GBP/USD remains above 1.3400 awaiting US CPI
GBP/USD falls during Friday’s Asian session, although it misses further selling and remains close to its highest level since behind schedule February, set earlier this week. Spot prices are currently trading around 1.3420-1.3415 and look set to register robust weekly gains as investors now look for fresh momentum from the latest US consumer inflation data. Read more…
GBP/USD is rising, but the resistance at 1.3450 remains
The GBP/USD currency pair rose 0.31% on Thursday, holding in the mid-1.3400 range as the US-Iran ceasefire continued to weigh on the US dollar. But it’s starting to look busy. The pair touched 1.3480 early in the session before retreating, with the 1.3400-1.3450 zone shaping up as a bullish technical ceiling. Read more…
