GBP/USD showed little movement on Tuesday, holding steady at 1.3453. The pound remains within its established trading range as investors continue to assess the progress of negotiations between the US and Iran and their potential impact on the global economy. Talks between Washington and Tehran are ongoing, but fresh incidents in the Persian Gulf have […]
The post GBP/USD in a State of Uncertainty: Risks Remain, but Market Reactions Are Muted appeared first on ActionForex.
Fundamental backdrop The divergence in the monetary policy paths of the ECB and the Bank of England is creating a mixed outlook for the pair. Having completed a cycle of eight consecutive rate cuts in Read more…
Markets Iran yesterday suspended talks with the US over the ongoing war between Israel and the Lebanon-based Hezbollah. It threatened to attack Israel in response and warned for the “axis of resistance” to become active Read more…
In focus today In the US, the April JOLTS report is due for release in the afternoon. The Fed follows the number of job openings as a key measure of labour demand. Back in March, Read more…