Open Demo Account
Home / Market Update / Forex Market / GBP/USD Nears Best Weekly Closing since September

GBP/USD Nears Best Weekly Closing since September

M. Ali 6 November, 2020 9:55 pm Forex Market, Market Update

The British Pound (GBP) is close to ending the week at its best level since late September, supported by strong gains and the decline of the US Dollar (USD) amid elections uncertainty.

The GBP/USD pair is trading higher by 0.02% at 1.3151.

The pair has been moving in a range between 1.3093 and 1.3177, after closing Thursday at 1.3148.

GBP/USD remains below its 52-week range, which is between 1.1412 and 1.3514.

Tags

Check Also

Sterling Rebounds Following Softer US PCE Data

The Pound Sterling bounces back strongly above 1.3400 against the US Dollar after soft US …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends