GBP
GBP, Technical Analysis, USD
GBP holds range below mid-1.3600s as USD firms amid Fed risks and Iran tensions
The GBP/USD pair extends its sideways consolidative price move for the second straight day and trades around the 1.3630 area during the Asian session on Tuesday. The US Dollar (USD) is looking to build on its modest recovery from the lowest level since May 14 and is acting as a headwind for the currency pair. […]
by Currency Hedger
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- 1 month ago
GBP, Technical Analysis, USD
British Pound holds near Feb. 11 highs vs weak USD as bulls await breakout above 1.3660
The GBP/USD pair trades with a positive bias around mid-1.3600s at the start of a new week and remains well within striking distance of its highest level since February 11, touched on Friday. Moreover, the fundamental backdrop favors bullish traders and backs the case for an extension of a nearly one-month-old uptrend. The US Dollar […]
by Currency Hedger
- 0 Comments
- 1 month ago