GBP/USD sticks to modest gains below 1.2500 mark, upside potential seems limited

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

GBP/USD sticks to modest gains below 1.2500 mark, upside potential seems limited By HareshMenghani GBPUSD RetailSales BOE Fed Currencies

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/USD flirts with daily high amid softer USD, upside potential seems limitedThe GBP/USD pair maintained its bid tone through the early part of the European session and was last seen trading near the daily high, around the 1.23
Source: FXStreetNews - 🏆 14. / 72 Read more »

AUD/USD sticks to intraday gains near 0.7000 mark, lacks follow-through amid risk-offAUD/USD sticks to intraday gains near 0.7000 mark, lacks follow-through amid risk-off By HareshMenghani AUDUSD Employment RiskAversion Fed Currencies
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/JPY: We continue to see the potential for further upside – RabobankAnalysts at Rabobank continue to favour the US dollar over the Japanese yen as a safe haven in this current crisis and they see scope for a move in US MSalordFX Jpy obviously holds more weight as a safe haven, just look at the vix/spx chart and usdjpy , in all fear markets yen is stronger.
Source: FXStreetNews - 🏆 14. / 72 Read more »

AUD/USD struggles for direction, consolidates above 0.7000 mark amid stronger USDThe AUD/USD pair seesawed between tepid gains/minor losses through the mid-European session and now seems to have stabilized in neutral territory, aro
Source: FXStreetNews - 🏆 14. / 72 Read more »

GBP/USD Forex Signal: Up to 1.2600 as Rounding Bottom FormsThe $GBPUSD pair found some support at its lowest level since May 2020 after the strong UK employment numbers.
Source: Daily_Forex - 🏆 567. / 51 Read more »

USD/INR Price News: USD rebound pares Indian rupee’s first weekly gain in three around 77.50USD/INR Price News: USD rebound pares Indian rupee’s first weekly gain in three around 77.50 By anilpanchal7 USDINR RiskAppetite CentralBanks Inflation Fed
Source: FXStreetNews - 🏆 14. / 72 Read more »