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GBP/USD sustains earlier losses within the Asian session. Higher US Treasury yields lift the demand for the USD. Initial Jobless claims, Gross Domestic Product (GDP) eyed. The fresh buying opportunities within the US dollar keep GBP/USD on the sting on Thursday.…
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The triple-top has been breached – finally – and GBP/USD is now trading above the psychological barrier of 1.40 and at the very best February 25, roughly ten weeks ago. There are three main upside drivers for…
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Cable is now poised to navigate within the 1.3800-1.4000 home in subsequent weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “We highlighted yesterday that ‘the swift and sharp drop appears to be running before itself but there’s no sign…
