Sage Investment Club

GBP/USD climbs towards 1.2390, bouncing from lows hit at the 1.2330 area

GBP/USD is almost flat due to the US Dollar erasing its earlier gains and on a risk-on impulse. Data in the US showed that the housing market remains dampened, a headwind for the US Dollar. Fed’s Waller: Supports 25 bps rate hikes, though does not expect rate cuts by year-end. GBP/USD seesaws during the North […]