The GBP/USD pair sticks to its positive bias for the second straight day, though it lacks bullish conviction and trades just above the 1.3200 mark during the early European session on Friday.
The British Pound (GBP) trades 0.38% lower at around 1.3150 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair faces intense selling pressure as the US Dollar outperforms due to hawkish Federal Reserve (Fed) bets.
The British Pound (GBP) trades slightly lower against its major currency peers during the European trading session on Tuesday, but remains firm against Asia-Pacific currencies.
The GBP/USD pair recovers some of its early losses, but is still 0.1% down to near 1.3220 during the early European trading session on Monday.
The British Pound (GBP) is trading practically flat against the US Dollar (USD) on Tuesday.
The GBP/USD pair trades 0.35% higher to near 1.3460 during the late Asian trading session on Monday. The Cable extends its week-long advance as market sentiment improves further, following the announcement that the United States (US) and Iran have reached a deal.
The GBP/USD pair trades on a flat note around 1.3415 during the early European trading hours on Friday. Traders prefer to wait on the sidelines ahead of the release of the monthly UK Gross Domestic Product (GDP).
The GBP/USD pair attracts some dip-buyers during the Asian session on Tuesday and stalls the previous day's pullback from the 1.3425 region, or the weekly high. Spot prices currently trade around the 1.3385 zone, up just over 0.10% for the day, though the upside potential seems limited.
The GBP/USD pair trades 0.26% higher at around 1.3375 during the European trading session on Tuesday. The Cable gains as the US Dollar (USD) declines amid expectations that the United States (US) could reach a deal with Iran soon.
The GBP/USD pair trades marginally lower to near 1.3338 during the European trading session on Monday. The pair posts a fresh almost three-week low near 1.3316 in the day, as the US Dollar (USD) outperforms amid growing expectations that the Federal Reserve (Fed) will raise interest rates this year.
The GBP/USD pair ticks up to near 1.3430 during the early European trade on Thursday, but has been broadly sideways in a range between 1.3407 and 1.3485 over the last four trading days.
The GBP/USD pair trades 0.16% lower to near 1.3446 during the European trading session on Wednesday. The pair faces selling pressure as the US Dollar (USD) strengthens due to increased uncertainty over the United States (US)-Iran deal.
