The GBP/USD pair gains traction above the mid-1.2100s during the Asian session on Monday. The softer US Dollar (USD) lends some support to the pair. T
GBP/USD holds positive ground above 1.2150 amid the softer USD, investors await UK labor data, US Retail Sales he risk sentiment dominate the market ahead of the key UK employment data and US Retail Sales on Tuesday. The major pair currently trades around 1.2160, up 0.15% for the day. The latest data on Monday showed that the UK’s Rightmove House Price Index rose by 0.5% MoM in October versus 0.4% prior. On an annual basis, the figure dropped by 0.8% from the 0.
The pair faced challenges possibly due to the shift in discussions about the trajectory of the US Federal Reserve's monetary policy. Investors are expected to focus on the labor data coming from the United Kingdom . Employment Change expects a decline of 195K in August and ILO Unemployment Rate is expected to remain consistent at 4.3%.Read more... GBP/USD Overview Today last price 1.2161 Today Daily Change 0.0019 Today Daily Change % 0.16 Today daily open 1.2142 Trends Daily SMA20 1.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GBP/USD retraces the recent losses near 1.2150, focus on UK labor data, US Retail SalesGBP/USD retraces the recent losses, trading higher around 1.2150 during the Asian session on Monday. The pair faced challenges possibly due to the shi
Read more »
Gold and Silver Price Forecast: Geopolitics Send XAU/USD & XAG/USD FlyingThis article examines the outlook for gold and silver for the coming weeks, analyzing the geopolitical and technical factors that could guide the trajectory of these key precious metals.
Read more »
UFC Fight Night 230 video: Michel Pereira runs through Andre Petroski in 185-pound debutMichel Pereira needed just 66 seconds to introduce himself to the middleweight division at UFC Fight Night 230.
Read more »
13-foot-long, 680-pound alligator from Texas caught after 20-year huntAfter 20 years of trying, a group of four fishermen finally captured a massive 13-foot-long, 680-pound alligator in Texas just two days before hunting season ended.
Read more »
High waves pound Chicago shoreline along Lake MichiganHigh waves pound Chicago shoreline along Lake Michigan
Read more »
Live blog: Casualties feared as Israel continues to pound besieged GazaSome 1.1 million people in northern Gaza have been ordered by Israel to flee homes as latest Israel-Palestine war enters its eighth day and Israeli military appears to be preparing a ground invasion.
Read more »