GBP/USD: GBP is stalled in low 1.34s – Scotiabank
The Pound Sterling (GBP) is trading lower on the session, tracking the broader tone of the US Dollar (USD), Scotiabank’s Chief FX Strategist Shaun Osborne notes. Read More…
Pound Sterling weakens after US Manufacturing PMI, Job Openings data
The Pound Sterling (GBP) drops to near 1.3300 against the US Dollar (USD) in Tuesday’s North American session after facing selling pressure near the crucial resistance of 1.3400. The GBP/USD pair slumps after the release of the United States (US) JOLTS Job Openings data for August, which came in higher at 8.04 million, compared to estimates of 7.67 million and from 7.71 million in July. Meanwhile, the ISM Manufacturing PMI for September remained unchanged at 47.2, lower than estimates of 47.5. Read More…
GBP/USD Price Forecast: Falls below 1.3300 on risk-off mood
The Pound Sterling fell against the Greenback during the North American session, losing over 0.50% amid a risk-off mood due to heightened tensions in the Middle East. At the time of writing, the GBP/USD trades at 1.3300. Read More…
Read the full article here