GBPUSD reclaims 1.1400 on weaker US Dollar

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GBPUSD reclaims 1.1400 on weaker US Dollar
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GBPUSD reclaims 1.1400 on weaker US Dollar – by christianborjon GBPUSD Majors Macroeconomics

, which tracks the greenback’s value against six currencies, falls by 0.37%., at 110.382, bolstering the GBP. It should be noted most G8 currencies are boosted by negative sentiment surrounding the American Dolla, even though fundamentals have not changed.The GBPUSD daily chart suggests the pair remains neutral-to-downward biased, even though it cleared the 50-day Exponential Moving Average .

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