The Pound Sterling moderately advanced in the North American session on Thursday, as the Greenback remains on the defensive after a soft jobs report from the United States (US). Therefore, the GBP/USD trades at 1.2756, up 0.19%. Read More…
The Pound Sterling (GBP) exhibits strength against the US Dollar in Thursday’s London session as investors hope that the Bank of England (BoE) will start reducing interest rates after the Federal Reserve (Fed). Market expectations for a rate cut by the BoE and the Fed are for June and August policy meetings, respectively. Read More…
The GBP/USD pair breaks above the 1.2700 barrier and currently trades around 1.2735 during the early Asian session on Thursday. The uptick of the major pair is bolstered by the weaker US Dollar (USD) and encouraging news from the UK Spring Budget. Read More…
