The bullish trend of the pound sterling stopped before the main data is released


Expectations of a sterling pair/dollars GBP/USD: The bullish trend of sterling stop before the main data is released

A sterling pair/dollars GBP/USD remains in a holding stage near 1.2600 after it rose by 1.5% in the previous week. The husband may have difficulty finding a short -term trend, as investors are preferred to wait for the release of the main economic data from the United Kingdom.

The positive atmosphere in the market led to the weak US dollar (USD) against its main counterparts last week. Fears regarding the customs definition policy of US President Donald Trump, which may lead to commercial wars, have eased, allowing risk flows to control the movement of the market. This reflects the widespread sales pressure around the US dollar, the US dollar index fell by more than 1% on a weekly basis. Read more …

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Weekly expectations for a sterling pair/dollar GBP/USD: The pound sterling looks to the north before testing and inflation in the United Kingdom

The GBP pound resumed the recovery from its lowest level in 14 months against the US dollar (USD), where a Stellian pair/dollars GBP/USD has regained the price barrier 1.2500.

The main catalyst was behind the constant rise in a Crrals/DD/USD dollar is the constant correction in the US dollar against his main currencies. US President Donald Trump has planned mutual tariffs and forecasts of the Federal Reserve (Fed), which practiced pressure on the US dollar, although the Federal Reserve Chairman, Jerome Powell, holds his militant speech in his testimonies against Congress. Read more …

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2025-02-17 12:08:02

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