Pound Sterling Price News and Forecast: GBP/USD tumbles from 20-week high

BY admin admin

The GBP/USD rose in early Thursday’s trading window, climbing to a 20-week high before slumping back and seeing a downside extension sparked by an unexpected climb in US Treasury yields during a 7-year T-note auction.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

WTI Crude Oil Forecast: Finding Support After a Pullback – 15 June 2020

The West Texas Intermediate Crude Oil market has broken down a bit during the trading session on Friday, reaching down towards the $35 level.

Forex

Swiss Sinks on SNB Surprise, Fed Pauses

<p><img width="489" height="352" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-chf1.jpg" class="attachment-post-thumbnail size-post-

Forex

EUR/USD Dropped Below 1.0800

<p>On Wednesday, the EUR/USD currency pair broke the local support level at 1.0820. During today’s morning, the pair dropped below the weekly S1 at 1.0797. Given that the exchange rate rem

Copyright © 2024 | WordPress Theme: Xews Lite