GBP/USD catches re-attempts 1.3050 UK data

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GBP/USD catches re-attempts 1.3050 UK data

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GBP/USD catches re-attempts 1.3050 UK data on GBP/USD attempted another NFP recovery above 1.3063 levels, following the release of better-than expected UK Halifax HPI data, as USD buyers continue to move on the back of Friday’s labour report. read more on EUR/USD today

GBP/USD catches re-attempts 1.3050 UK dataGBP/USD support near 1.3037 levels

The spot extended its Asian side-trend into EU consolidating. Friday losses incurred after US dollar rallied across the releases of US payrolls, wages and jobless rate data. The US dollar rebounded broadly.

However, the GBP/USD pair is seen struggling near mid-1.32s. As the latest reports of controversy surrounding the UK prepared to pay EUR 40 billion divorce bill, weigh down on the pound, while a renewed. risk-aversion wave gripped the European markets amid falling oil prices.

Focus now shifts towards the US LMCI data and Fedspeaks for fresh impetus to the USD bulls, which would drive fresh moves in Cable.

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Forex - GBP/USD pushes lower
A separate report showed that initial jobless claims unexpectedly rose by 4,000 to 248,000 last week.Gold NEWS Price Rebound – The Gold prices rise as the US Dollar bond yields fall on soft data seen by Experts in the field. ‘ Best Forex Signals.

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