Open Demo Account
Home / Market Update / Forex Market / GBP/USD Surges to Highest Level in a Month

GBP/USD Surges to Highest Level in a Month

M. Ali 19 April, 2021 10:59 pm Forex Market, Market Update

The British Pound (GBP) is rising on Monday against the declining U.S. Dollar (USD), supported by improved expectations in the UK and the anticipation for upcoming economic data.

The GBP/USD pair is trading higher for the day by 1.13% at 1.3988.

The pair has exceeded its best level in over a month, it has been moving today in a range between 1.3810 and 1.3993, mostly in the positive territory, after ending last week higher by about 0.91% at 1.3832.

Tags

Check Also

AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets

In a dramatic twist of global economic fortunes, the Australian dollar has crashed to its …

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