Yesterday’s trade saw GBP/USD within the range of 1.4743-1.4947. The pair closed at 1.4877, rising 1.15% compared to Wednesday’s close. It has been the 128th gain in the past 279 trading days. However, the major pair has lost 5.33% of its value so far in June, following a 0.92% drop in the prior month.
At 6:44 GMT today GBP/USD was losing 7.78% on the day to trade at 1.3720. The pair touched a daily high at 1.5018 during the early phase of the Asian trading session, or the highest level since December 16th 2015, and a daily low at 1.3231 during late Asian trade.
On Friday GBP/USD trading may be influenced by the following macroeconomic reports and other events as listed below.Risk Warning:
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.