GBP/USD Price Forecast: Surpasses 1.3000 as bullish momentum builds
The Pound Sterling advanced against the Greenback during the North American session, with buyers reclaiming the 1.3000 figure and clearing the 100-day Simple Moving Average (SMA) resistance at 1.2982. At the time of writing, the GBP/USD trades at 1.3011, up by 0.43%. Read More…
Pound Sterling moves higher amid uncertainty over US election outcome
The Pound Sterling (GBP) gains slightly to near 1.2980 against the US Dollar (USD) in Tuesday’s North American session. The GBP/USD pair rises as the United States (US) presidential elections begin. The US Dollar Index (DXY), which gauges Greenback’s value against six major currencies, falls slightly to near 103.80. Read More…
GBP/USD holds steady near 1.2950 as traders await US presidential election result
The GBP/USD pair trades flat near 1.2950 during the early Asian session on Tuesday. Traders will closely monitor the outcome of the US presidential election. On Thursday, the attention will shift to the Bank of England (BoE) and the US Federal Reserve (Fed) monetary policy decisions. Read More…
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