Pound Sterling refreshes weekly high against US Dollar
The Pound Sterling (GBP) posts a fresh weekly high near 1.3490 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair edges higher as the US Dollar underperforms its peers, with the United States (US) government entering a shutdown. Read more…
GBP/USD: Likely to trade in a range of 1.3415/1.3470 – UOB Group
Pound Sterling (GBP) is likely to trade in a range of 1.3415/1.3470. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Read more…
GBP a relative performer on neutral comments from BoE’s Mann – Scotiabank
The Pound Sterling (GBP) is up a modest 0.2% against the US Dollar (USD) and outperforming most of the G10 currencies into Wednesday’s NA session, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. Read more…
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