Forecast for GBP/USD on December 4, 2024 The movement of the pound sterling within the range of 1.2612–1.2708 since November 14 appears to be consolidation, with false breakouts on both sides on November 22 and 29. Following this logic, the price...
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The currency pair has been drifting lower, hovering around the 0.8840 level during the early European session on Wednesday. This decline is primarily driven by persistent safe-haven flows, as investors remain uncertain about the outcome of the...
The currency pair has recently rebounded from a dip during the U.S. trading session and is now trading just above the 1.4050 mark, within striking distance of its highest point since August, which was touched the previous day. However, this intraday...
Following a pullback, GBP/USD edges higher toward 1.2700 in the second half of the day on Wednesday as the US Dollar loses strength following the disappointing data releases. Markets eagerly await Fed Chairman Jerome Powell's speech The Relative...
