EUR/GBP: Upside bias with UK risks – BBH
GBP/USD Price Forecast: 50% Fibo retracement near 1.3500 acts as key support zone
GBP/USD: Gains capped as BoE stresses no urgency – DBS
The Pound to Dollar (GBP/USD) exchange rate found support below 1.32 during the first week of April and has rallied strongly to highs around 1.3580 as the dollar has lost ground while the Pound has been resilient in global markets. RBC notes the potential for short-term volatility, especially given the Middle East situation, but the bank.
Pound Sterling Price News and Forecast: GBP/USD stays pressured amid BoE hike bets and optimisms
GBP/USD slips again as UK production data disappoints
GBP/USD slips as strong US jobs data offsets upbeat risk mood
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EUR/GBP: Recovery extends as energy risks ease – MUFG
GBP/USD has enjoyed a stellar run of late, capitalizing on a weakening US Dollar and a shift in global risk sentiment. However, as we move into the tail end of the week, “Cable” is finding the air a bit thin near the 1.3600 handle, setting the stage for a battle between trend followers and mean-reversion traders.
The US Dollar Index (DXY) hovers near 98.20 as Iran diplomacy lifts risk appetite. Will the fading safe-haven demand spark a major breakout for EUR/USD and GBP/USD?
GBPUSD managed to pass above the resistance of 1.3485 to meet the first target at 1.3580. As we see over the chart, the market is facing the first support zone at 1.3485, where if prices remain above it, more advance will be expected with resistances at 1.3580 and 1.3710-35.