Latest GBP/USD Update Today
The GBP/USD pair attracted buying interest in the early Asian session, temporarily halting its decline from above 1.2700 to below 1.2600. This recovery is supported by a slight weakening of the US dollar.
Concerns over the US economic outlook and expectations of further Fed policy easing have prevented the USD from sustaining its three-day rebound. The US Dollar Index (DXY) started the week on a weaker note, reversing Friday’s gains.
Meanwhile, the British pound remains strong, driven by expectations that the Bank of England (BoE) will adopt a less aggressive easing approach. However, risks from Donald Trump’s tariff policies and ongoing geopolitical tensions could cap GBP/USD’s upside momentum.
Concerns over the US economic outlook and expectations of further Fed policy easing have prevented the USD from sustaining its three-day rebound. The US Dollar Index (DXY) started the week on a weaker note, reversing Friday’s gains.
Meanwhile, the British pound remains strong, driven by expectations that the Bank of England (BoE) will adopt a less aggressive easing approach. However, risks from Donald Trump’s tariff policies and ongoing geopolitical tensions could cap GBP/USD’s upside momentum.
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✅You can get 5 - 7 gold signals - Forex every day
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👉Join by clicking the following link:
t.me/+QXTdazFwCRg5MGNl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
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Publicações relacionadas
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