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Back Fundamental analysis
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Back Fundamental analysis
GBP/USD faces pressure despite solid UK growth
The pound in the pair with
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The pound in the pair with the dollar is losing ground, despite a fairly strong UK GDP report. In the moment, the GBP/USD pair reacted with an upside move and updated a two-month price high. Buyers marked 1,3593 (the highest price since February 17 this year), but they failed to enter the 36th figure area. The upward price impulse faded almost as soon as it began: during the European session on Thursday the GBP/USD pair reversed to the south and
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Irina Manzenko,
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