returning to the $4,500 atrea following rejection at the $4,590 resistance area. Precious metals remain weighed, as tensions between Iran and the US escalate and Israel ramps up operations in Lebanon, and with a data-busy week ahead in the US.
speaker
The US and Iran exchanged attacks earlier on Monday, and Israel extended its occupation in Lebanon, adding strain to a frail ceasefire in the region. US President Donald Trump is still due to sign the memorandum of understanding that would extend the truce, while in Iran, the speaker of the parliament vowed retaliation to “clear evidence of US non-compliance with the ceasefir

SELL GBPAUD NOW 1.8751
Sl..1.8843
Tp..1.8661
Tp .1.8541

USDJPY ALSO GIVING GOOD MOVEMENT !!

Economic Calendar

https://one.exness-track.com/c....alendar/a/uq2cbl5o/?

The GBP/USD pair struggles to capitalize on its goodish recovery from a one-and-a-half-week low, touched last Thursday, and oscillates in a narrow range around mid-1.3400s at the start of a new week. The US Dollar (USD) regains some positive traction amid the uncertainty over a potential US-Iran peace deal and hawkish US Federal Reserve (Fed) bets. This, in turn, is seen as a key factor acting as a headwind for spot prices.

The British Pound (GBP), on the other hand, is undermined by expectations for a delayed rate hike from the Bank of England (BoE)