GBP/USD holds onto 1.34 with Wednesday's CPI set to test the BoE's hawkish pivot
The Pound to Dollar exchange rate edged lower as weaker UK PMI data weighed on Sterling while safe-haven demand supported the US Dollar. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33834 (-0.32%)Euro to Dollar (EUR/USD): 1.15822 (-0.22%)Dollar to Japanese Yen (USD/JPY): 158.9315 (+0.28%) DAILY RECAP: The Pound (GBP) came.
Pound Sterling Price News and Forecast: GBP/USD slips as higher Oil, US yields boost the US Dollar
GBP/USD slips as higher Oil, US yields boost the US Dollar
GBP/USD: Pound consolidates in tight band – Scotiabank
The US dollar is a bit mixed and sluggish in early trading on Tuesday, as we see a lot of traders simply waiting for clarity to come out of the Middle East.
The market managed to rebound after printing a low of 1.3217 two weeks ago. As we see from the previous chart, prices managed to meet the target of 1.3460-80 which could lead to a correction.
EUR/GBP: Support zone expected to hold – ING
The US dollar holds firm at 99.40 as Iran tensions drive safe-haven demand. Will GBP/USD maintain its 1.3400 reclaim or will DXY supply zones cap the recovery?
When is the UK Services PMI and how could it affect GBP/USD?
Pound Sterling Price News and Forecast: GBP/USD weakens to near 1.3315 early European session
GBP/USD surges as Trump walks back threatened Iranian infrastructure strikes