ForexNewsPlus Updates

GBP/USD Dips to 1.35 Amid Keir Starmer’s Leadership Woes

GBP/USD has transitioned from a clear four-month uptrend into a volatile, politically influenced range. Following a rise to a 4½-year peak around 1.3870–1.3880 in January, the pair has encountered downward pressure, recording intraday lows close to 1.3533 and facing challenges in regaining the 1.3700 level. Each advance beyond 1.3680–1.3720 is met with selling pressure, indicating … Read more

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GBP/USD Soars Near 1.3200 as Dollar Dips

GBP/USD is currently positioned between 1.3140 and 1.3200 following a recovery from the intraday decline influenced by the reopening of the U.S. government and a subsequent selloff in the USD, which has decreased to the range of 99.37 to 99.50 on the DXY. The pair’s recovery toward 1.3197, reaching a new two-week high, indicates a … Read more