British Pound (GBP) Latest: Profit-Taking in GBP/USD to Continue Near-Term
Summary
By sueyangfx.com April 07, 2021 at 09:06AM GBP/USD is easing back on profit-taking after its recent gains and that may continue for a while, although the longer-term trend higher remains in place.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
April 07, 2021 at 09:06AM
GBP/USD is easing back on profit-taking after its recent gains and that may continue for a while, although the longer-term trend higher remains in place.