GBP/USD sticks to modest gains around 1.2455-60 region post-US ISM PMI

BY admin admin

The GBP/USD pair managed to rebound over 50 pips from daily swing lows and has now moved to the top end of its daily trading range, around the 1.2480

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

BoC: The rise in rate hike expectations is likely to support CAD – Commerzbank

As expected, the Bank of Canada (BoC) hiked its key rate by 25 bps to 5% on Wednesday. CAD was able to appreciate. Economists at Commerzbank analyze L

Forex

Scope for the Franc to weaken somewhat against the EUR in the coming quarters – Commerzbank

The Franc continued to strengthen against the Euro in July. The unchanged hawkish stance of the SNB is likely to have helped. Economists at Commerzban

Forex

EURUSD Breaks 1.09

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2024/01/16140437/EURUSD-Breaks-1.09.png" class="attachment-post-th

Copyright © 2024 | WordPress Theme: Xews Lite