GBP/USD was last up 0.65% at 1.2391 having traveled between a low of 1.2293 and 1.2392 putting the pair on track for its biggest monthly gain since November, as concerns among investors over the banking sector dwi9ndled and dented the safe haven US Dollar. Read More…
Further losses in the greenback allow GBP/USD to pick up extra pace and reach the 1.2380 region, or multi-week highs, on Thursday. Read More…
The GBP/USD pair reverses an intraday dip to sub-1.2300 levels and climbs to its highest level since early February during the first half of the European session on Thursday. The pair currently trades just above the mid-1.2300s and seems poised to prolong its recent upward trajectory from the 1.1800 round-figure mark, or the YTD low touched earlier this March. Read More…
This article was originally published by Fxstreet.com. Read the original article here.