GBP/USD Price Analysis: Peaks at five-week high, fails to challenge 1.2700
The Pound Sterling advanced some 0.30% and hit a five-week high of 1.2670 following the release of the US Consumer Price Index (CPI).
The Pound Sterling advanced some 0.30% and hit a five-week high of 1.2670 following the release of the US Consumer Price Index (CPI).
EUR/USD refreshes monthly high near 1.0870 in Wednesday’s early New York session.
AUD/USD has reached key long-term resistance at around 0.6650 and has stalled.
The USD/JPY pair drops sharply to 155.50 in Wednesday’s European session.
Silver price (XAG/USD) trades in a confined range around $28.60 in Wednesday’s European session.
USD/CHF edges lower for the second successive session, trading around 0.9060 during the Asian hours on Wednesday.
The NZD/USD pair gains traction near 0.6055 on Wednesday during the early European trading hours.
West Texas Intermediate (WTI) crude Oil price retraces its recent losses, trading around $78.30 per barrel during Wednesday's Asian session.
The EUR/USD pair trades with a bullish bias around 1.0815 during the early Asian trading hours on Wednesday.
The GBP/USD pair consolidates its gains around 1.2590 during the early Asian session on Wednesday.