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GBP/USD: Bulls step back from one-month top with eyes on Brexit negotiations

1 month ago   |   By FXCM

GBP/USD bears the burden of US dollar pullback, eases from 1.2525.
DXY pullback from 11-week low amid escalation civil unrest in the US.
Brexit-positive news, hopes of further helps from the Tory government keep buyers hopeful.
GBP/USD recedes to 1.2485, down 0.07%, while heading into the London open on Tuesday. The pair's recent pullback could be traced from the US dollar's bounce off multi-day low. Even so, the last full round of Brexit talks, starting today, will be the key to determine near-term Cable moves.
Protests against the alleged killing of Minnesota's George Floyd recently led...
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GBP/JPY refreshes one-month high above 134.50, Brexit, US riots in focus

1 month ago   |   By FXCM

GBP/JPY rises for the fourth day in a row to challenge the early-May top.
Hopes of further aids from the Tory government, Brexit-positive news keep the bulls hopeful.
US President Donald Trump shows readiness to use all measures to tame the latest riots.
Brexit talks begin today, updates from the US will also be important to watch.
GBP/JPY takes the bids near 134.65, up 0.17% on a day, during the initial hour of Tokyo open on Tuesday. Although trade sentiment seems to dwindle amid the US civil unrest, Brexit-positive news, coupled with the hopes of further stimulus from the UK government...
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