GBP/USD Weekly Forecast: Pound Sterling set to maintain its bearish potential
The Pound Sterling (GBP) extended its losing streak against the US Dollar (USD) into a fourth straight week, keeping GBP/USD undermined near two-month troughs.
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The Pound Sterling (GBP) extended its losing streak against the US Dollar (USD) into a fourth straight week, keeping GBP/USD undermined near two-month troughs.
The USD/CAD pair holds below the 1.3400 mark during the early European trading hours on Friday.
Gold price is back in the green, on its way to retest the two-week high of $2,056 set on Wednesday.
Gold price is extending its pullback from a ten-day high of $2,049 reached in the early American trading on Tuesday, as the US Dollar (USD) is attracting fresh demand amid broad risk-aversion on the all-important US Federal Reserve (Fed) interest rate decision day.
Gold price is treading water near $2,030 early Tuesday, consolidating the previous rebound to a four-day high of $2,038.