GBP/USD surges toward 1.3400 as Iran ceasefire deflates the US Dollar
The Pound Australian Dollar (GBP/AUD) exchange rate wavered ahead of the Easter weekend as fresh geopolitical uncertainty created turbulence for the pairing, with the ‘Aussie' also pressured by a cautious market mood. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.90943 (-0.2%)Pound to Dollar (GBP/USD): 1.32489.
The Pound US Dollar (GBP/USD) exchange rate traded sideways on Tuesday as markets weighed geopolitical risks following the Easter weekend, with investors focused on developments surrounding US President Donald Trump's ultimatum to Iran. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.32489 (+0.12%)Euro to Dollar (EUR/USD): 1.1574.
GBP/USD climbs as ceasefire hopes in the Mid-East battle fresh fears
The US Dollar Index (DXY) clings to its trendline but faces a stubborn ceiling at 100.50. Explore the technical triggers for a potential GBP/USD and EUR/USD rally today.
GBP/USD is falling on Tuesday, giving back recent gains and trading around 1.3220 in early European trade, as a stronger US dollar and rising risk aversion weigh on the pair.
GBP/USD: Consolidation after failed downside break – UOB
GBP/USD Price Forecast: Tests 1.3250 near nine-day EMA barrier
The chance for a rebound towards 1.3485 is still ongoing as long as the pair holds above 1.3160. Below 1.3160 more of a drop could hit the market with supports at 1.3010 and 1.2860.
The Pound to Euro (GBP/EUR) exchange rate softened ahead of the Easter weekend in the wake of market volatility that followed US President Donald Trump's latest comments on the war with Iran. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.14664 (+0.09%)Pound to Dollar (GBP/USD): 1.32359 (+0.38%)Euro to Dollar (EUR/USD): 1.15432.
The Pound US Dollar (GBP/USD) exchange rate fell sharply ahead of the Easter weekend after US President Donald Trump's speech triggered fresh anxiety around the crisis in the Middle East, with the US Dollar strengthening on safe-haven demand. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.32359 (+0.38%)Euro to Dollar (EUR/USD):.
Pound Sterling Price News and Forecast: GBP/USD depreciates on increased risk aversion