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Source: ExchangeRates News Agency
1 month ago
Forex Medium Importance
Pound to Dollar Price News, Forecast: GBP Eyes $1.36 as Fed Bets Fade

Pound to Dollar Price News, Forecast: GBP Eyes $1.36 as Fed Bets Fade

GBP/USD could extend its three-month high if stronger UK jobs data boosts BoE rate expectations, while softer US employment keeps the US Dollar under pressure. The Pound US Dollar (GBP/USD) exchange rate edged higher at the start of this week, striking its best levels since mid-May amid a further dovish repricing of Federal Reserve.

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Source: ExchangeRates
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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
GBP/USD at a Crossroads with UK Jobs Data Up Next

GBP/USD at a Crossroads with UK Jobs Data Up Next

Looking at the 4-hour chart, the pair settled above 1.3520, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). The pair even attempted to settle above the 1.3565 resistance zone.

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Source: Action Forex
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