British Pound edges higher as Iran-Israel halt hostilities
The Pound Sterling registers modest gains of 0.10% on Monday as risk appetite improved despite attacks exchanged between Iran and Israel, which agreed to halt fire as US President Donald Trump demanded the end of shooting, to resume talks between Washington and Tehran. Read More…
British Pound holds losses below 1.3350 amid Middle East turmoil
The GBP/USD pair trades with mild losses around 1.3340 during the European trading hours on Monday. Ongoing tensions in the Middle East and rising bets of a US interest rate hike provide some support to the US Dollar (USD) against the British Pound (GBP). Read More…
British Pound recovers slightly from three-week low as USD bulls pause for a breather
The GBP/USD pair recovers slightly from a three-week low, touched during the Asian session on Monday, and climbs closer to mid-1.3300s in the last hour. However, the underlying strong bullish sentiment surrounding the US Dollar (USD) warrants some caution before positioning for any further appreciating move. Read More…
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