GBP/USD recovers toward 1.2500 amid cautious optimism
Hello everyone! This Monday morning brought a refreshing climb for GBP/USD, which surged above 1.2450 after hitting its lowest point since November at 1.2426 last week. While the technical indicators still suggest a downtrend, easing geopolitical tensions could potentially extend this pair's recovery phase.
As the weekend approached, investors sought safe havens amid reports that Iran was planning a retaliatory attack against Israel for an alleged assault on its consulate in Damascus on April 1st. This uncertainty boosted the U.S. dollar as a safe-haven asset, leading to a notable dip in GBP/USD by the end of the U.S. trading session.
As the weekend approached, investors sought safe havens amid reports that Iran was planning a retaliatory attack against Israel for an alleged assault on its consulate in Damascus on April 1st. This uncertainty boosted the U.S. dollar as a safe-haven asset, leading to a notable dip in GBP/USD by the end of the U.S. trading session.
Zlecenie aktywne
Komentarz:
Join the community group for the earliest support on short scalping and trading strategies!
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
