USD/GBP (GBPUSD=X)
| Previous close | 1.2056 |
| Open | 1.2056 |
| Bid | 1.2052 |
| Day's range | 1.2022 - 1.2070 |
| 52-week range | 1.0379 - 1.3643 |
| Ask | 1.2051 |
- Investing.com
Dollar near one-month high; strong payrolls, rising Chinese tensions help
The index is maintaining the positive tone seen after Friday’s strong employment report, which recorded a surge in U.S. nonfarm payrolls in January. This suggests that the U.S. Federal Reserve has enough headroom within the labor market to keep raising interest rates, which benefits the dollar directly as well as potentially weighing on global growth, to the benefit of the safe haven greenback.
- FX Empire
GBP to USD Weekly Forecast – British Pound Plunges During Tough Week
The British pound has gotten hammered during the trading week, as we are now below the 50-Week EMA. Ultimately, this is a market that looks as if it’s going to be threatened significant support underneath.
- FX Empire
GBP to USD Forecast – British Pound Plunges After Jobs Number
The British pound has fallen rather hard during the trading session on Friday, as the Non-Farm Payroll numbers came out at over 500,000 in the United States.
