Friday , 20 September 2024
Home Forex Pound Sterling inches higher possibly driven by improved risk appetite
Forex

Pound Sterling inches higher possibly driven by improved risk appetite

Throughout the week, the British Pound (GBP) traded in a choppy fashion and struggled to extend gains seen in the previous couple of weeks against the US Dollar (USD), prompting GBP/USD to recoup ground lost in the first half of the week and flirt with the key 200-day SMA around 1.2540 on Friday.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

China leaves 1- and 5-year Loan Prime Rates (LPR) unchanged

People's Bank of China leaves 1-year Loan Prime Rate (LPR) unchanged at...

Bank of England Monetary Policy Committee member Mann speaking Friday

0800 GMT / 0400 US Eastern time:Keynote speech by Catherine L Mann,...

People’s Bank of China rate cuts are expected today: LPRs, repo

The People's Bank of China is expected to cut its main policy...

Bank of Japan expected to stand pat, delaying further rate hikes towards year-end

The Bank of Japan (BoJ) is expected to keep its short-term interest...