Forex News

The GBP/USD pair gained momentum late during the US session and broke above , hitting at a fresh daily high on Monday and the cable extended gains on its way for the second daily rise.

All prices herein are provided by market makers and not by exchanges. Bullish Sentiment Erased by Brexit Impasse. I do think that happens eventually but breaking below the vital 1. The pound seems to have broken through the support region at 1. While the economic news is losing the grip on Sterling with the UK manufacturing, construction and services PMI passing by with little effect on the currency market, the Brexit headlines are a clear winner in the game with uncertainty building up weighing on Sterling.

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The GBP/USD (or Pound Dollar) currency pair belongs to the group of 'Majors', a way to mention the most important pairs in the world. The pair .

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