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ট্রেডিং এর খবর
23 Apr 2015
GBP/USD hits fresh daily highs above 1.5050
FXStreet (Córdoba) - GBP/USD rose 70 pips in less than an hour and printed a fresh daily high at 1.5057, erasing previous losses.
GBP/USD benefits from a weak dollar
Greenback weakened in the forex market and pushed the pair to the upside. Cable was trading around 1.4990 and jumped, rising quickly to 1.5050. Currently trades at 1.5045, slightly higher for the day and far from the lows.
The pair was able to erase losses and strengthened after a weak start of the day. Following the retail sales report in the United Kingdom, that missed expectations showing a decline of 0.5% in March, GBP/USD dropped to 1.4960. Later, disappointing US economic data, an increase in jobless claims, a decline in new home sales and a drop in the Markit PMI (preliminary), motivated traders to sell the US dollar.
GBP/USD benefits from a weak dollar
Greenback weakened in the forex market and pushed the pair to the upside. Cable was trading around 1.4990 and jumped, rising quickly to 1.5050. Currently trades at 1.5045, slightly higher for the day and far from the lows.
The pair was able to erase losses and strengthened after a weak start of the day. Following the retail sales report in the United Kingdom, that missed expectations showing a decline of 0.5% in March, GBP/USD dropped to 1.4960. Later, disappointing US economic data, an increase in jobless claims, a decline in new home sales and a drop in the Markit PMI (preliminary), motivated traders to sell the US dollar.