GBP prices strengthened against the USD on the back of UK GDP numbers as well as dovish Fed talk which left the US dollar trading lower this morning.
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.a registered Introducing Broker with the Commodity Futures Trading Commission and is no longer a Member of the National Futures Association in the U.S. Any and all information provided by FXP is not intended for use by U.S. residents or individuals domiciled in the U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pound Sterling Price News and Forecast: How much further will the GBP/USD drop?GBP/USD broke through 1.2200 on Tuesday and extended its slide to a fresh six-month low below 1.2150. The near-term technical picture shows that the p
Read more »
Pound Sterling Price News and Forecast: GBP/USD remains under selling pressure around 1.2133The GBP/USD pair extends its downside for the seventh consecutive day during the Asian session on Thursday. The downtick of the pair is supported by t
Read more »
GBP/USD Price Forecast: Susceptible Pound Looks for ReprieveGBP prices stay depressed as markets look towards US GDP and Fed speak for guidance.
Read more »
GBP/USD Price Analysis: Remains under selling pressure, the key contention is seen at 1.2100The GBP/USD pair extends its downside for the seventh consecutive day during the Asian session on Thursday. The downtick of the pair is supported by t
Read more »
USD/CAD trades with modest gains around 1.3500, eyes US PCE Price Index and Canadian GDPThe USD/CAD pair attracts fresh buying during the Asian session on Friday and for now, seems to have snapped a two-day losing streak. Spot prices stru
Read more »
GBP/USD flirts with multi-day top, above 1.2200 ahead of UK GDP/US Core PCE Price IndexThe GBP/USD pair gains some positive traction for the second successive day on Friday and looks to build on the previous day's goodish recovery from t
Read more »