Cable retreats below 1.3700 on firmer dollar, tests key near-term level

GBP/USD falls to a session low of 1.3686 as the dollar keeps firmer on the day Invest in yourself. See our forex education hub. After having slipped in Friday trading, the dollar is coming back into favour today as Treasury yields keep higher in the European morning. That is now seeing the greenback push to […]

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Cable tests key near-term levels again after losing altitude on push above 1.3700

GBP/USD falls from a high of 1.3723 earlier to 1.3668 currently The dollar regaining some poise during the session is pushing cable to fresh lows on the session and notably, testing key near-term levels once again. The drop after failing to hold yet another break above 1.3700 – at least for a comfortable enough period […]

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Cable takes another peek above 1.3700, can buyers break through this time?

GBP/USD touches its highest levels since May 2018 For bank trade ideas, check out eFX Plus The pound is the standout performer on the session as cable climbs to a high of 1.3718 on the day, its highest levels since May 2018. The move here comes as the pound strengthens amid a breakdown in key […]

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