The cable pair has been dropped from yesterday itself among the strong US data on mildly upbeat market sentiment. Favoring the consolidation could be the light calendar and mixed concerns over the Federal Reserve’s (Fed) action on Wednesday. PM Boris Johnson wants a wider trade deal with the US and also better access to the [...]
The cable pair seems to be under pressure among some reasons in economic conditions and New rules of Britain. This week, British Prime Minister Boris Johnson will set out his plans to manage the COVID-19 pandemic in the winter months, announcing a decision to scrap the introduction of vaccine passports and steps to end some [...]
The cable has shown a sideway trend and the market followed strengthening U.S. dollar, among other factors. The pound moved with a lack of direction at the start of September, though it will probably fall on the UK political and economic trends from mid-September onwards. Britain is on course to lose its status as one [...]
GBP/USD tooks the sluggish moment ahead of frin NFR data and demotion of Rishi Sunak. The US economy added more jobs than expected in July as employment rose by 943,000. There were gains in sectors including leisure and hospitality, education and professional services. Forecasts for jobs created last month had varied widely from 350,000 to [...]
