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

GBP/USD Nears Best Weekly Closing since September

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.

Check Also

Oil Prices Edge Higher Amid Chinese Fiscal Stimulus Hopes and Falling U.S. Crude Inventories

Market Performance Oil prices increased slightly in thin holiday trading on Thursday, buoyed by optimism …