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GBP/USD holds above 1.6820

FXStreet (Córdoba) - The ">GBP/USD lost ground on Thursday but it was able to hold above weekly lows. The pair peaked during the Asian session at 1.6863 but then turned to the downside and fell to 1.6821.

Near the end of the session in Wall Street trades steady at 1.6835, down just 0.05% for the day. Volatility was low on Thursday, unaffected by the decision of the Bank of England to leave monetary policy unchanged. The price range was below 45 pips, like it usually happens on Mondays.

Against it neighbours the Pound finished flat. The EUR/GBP rose to 0.7950 but then pulled back and is about to end hovering around 0.7935 while the GBP/CHF dropped to 1.5260 but then bounced and currently trades at 1.6295, less than 5 pips above yesterday's closing price.

USD in positive territory again - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that the dollar eased in the US afternoon, but closes the day mostly in positive territory against its major rivals.
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US stocks closed lower amid Russia conflict

Wall Street finished Thursday with declines as investors' confidence was hurt by the Ukraine/Russian conflict and despite upbeat earnings and better than expected jobless claim report.
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