GBP/USD bulls took over on Friday to print a fresh bull cycle high and although we have seen a slide from those highs, so long as the bulls commit to above 1.2450, the bias remains bullish. Read More…
The GBP/USD pair attracts some buying in the vicinity of the 1.2500 psychological mark on Monday and turns neutral during the early part of the North American session. The pair is currently placed around the 1.2550 region and remains well within the striking distance of its highest level since June 2022 touched on Friday. Read More…
The GBP/USD pair comes under some selling pressure on the first day of a new week and erodes a part of Friday's strong gains to the 1.2580-1.2585 region, or its highest level since June 2022. Spot prices extend the steady intraday descent through the early part of the European session and drop to a fresh daily low, around the 1.2520 area in the last hour. Read More…
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