GBP/USD holds gains as mixed PMIs stir tariff jitters, eyes on UK inflation
The Pound Sterling (GBP) is trimming some of its earlier gains versus the US Dollar (USD) on Monday and begins the week on an upbeat mood after Flash PMIs in both sides of the Atlantic came mixed. At the time of writing, GBP/USD trades at 1.2933, up 0.16%. Read More…
GBP/USD attracts some buyers to near 1.2950 as traders await US PMI release
The GBP/USD pair attracts some buyers to around 1.2940 during the early European session on Monday, bolstered by the softer Greenback. The uncertainty about US President Donald Trump’s next round of tariffs and concerns over the US economic slowdown weigh on the US Dollar (USD) against the Pound Sterling (GBP). The preliminary reading of the US S&P Global Manufacturing Purchasing Managers Index (PMI) for March will take center stage later on Monday. Read More…
GBP/USD trades with positive bias around 1.2930 amid modest USD weakness
The GBP/USD pair continues to show some resilience below the 1.2900 round-figure mark and attracts some dip-buyers during the Asian session on Monday. Spot prices currently trade around the 1.2930 region, up nearly 0.10% for the day, and for now, seems to have snapped a two-day losing streak to a one-and-half-week low touched on Friday. Read More…
Read the full article here