British Pound / U.S. DollarUpdated GBPUSD : Slight discount !
The GBP/USD pair broke free from the recent low around 1.2620 and rebounded to 1.2660 at the start of Thursday's Asian trading session. The demand for the US Dollar (USD) weighed heavily on the GBPUSD pair ahead of a significant event in the United States.
Investors are currently awaiting the release of the US Personal Consumption Expenditures (PCE) Price Index for January at the end of the day, hoping for fresh momentum.
Investors are currently awaiting the release of the US Personal Consumption Expenditures (PCE) Price Index for January at the end of the day, hoping for fresh momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.