The Pound Sterling (GBP) finds a cushion above the round-level support of 1.2600 against the US Dollar (USD) in Thursday’s London session.
The Pound Sterling rises slightly against the US Dollar but the overall direction remains uncertain. Economists expect that the US core PCE inflation softened in May. The uncertainty over the UK elections outcome keeps the Pound Sterling on its toes. The Pound Sterling finds a cushion above the round-level support of 1.2600 against the US Dollar in Thursday’s London session. The GBP/USD pair gauges ground as the US Dollar registers a modest correction.
10% 0.12% -0.08% -0.00% 0.17% CAD -0.06% 0.11% -0.01% -0.12% -0.21% -0.09% 0.04% AUD 0.11% 0.30% 0.17% 0.08% 0.21% 0.11% 0.22% NZD 0.01% 0.19% 0.09% 0.00% 0.09% -0.11% 0.13% CHF -0.11% 0.05% -0.06% -0.17% -0.04% -0.22% -0.13% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row.
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