Pound rebounds from one-week lows versus US dollar. UK Prime Minister Boris Johnson remains in intensive care. The GBP/USD pair rebounded on Tuesday after falling to 1.2163 during the Asian session. It moved most of the day with a bullish bias and climbed toward 1.2400. It peaked at 1.2382 and then it stabilized around 1.2340. Cable was rejected from under 1.2200 and rose back to the recent familiar range. The pound fell after UK Prime Minister Boris Johnson was moved to intensive care late on Monday. The pair then rebounded and it accelerated to the upside boosted by a decline of the greenback across the board. UK Foreign Secretary Dominic Raab said on Tuesday, PM Johnson remains in intensive care, “receiving standard oxygen treatment and breathing without any assistance.” It was all about USD The US dollar was the worst performer on Tuesday amid an improvement in market sentiment. The DXY lost 0.85% and dropped below 100.00. Not even higher US yield helped the dollar. The GBP/USD remained steady, consolidating around 1.2340 near the end of the American session, in positive territory for the day and back inside the recent range. It held around the mentioned level even as equity prices in Wall Street moved off highs. The Dow Jones was gaining just 0.60% after been up more than 3.50%. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD bleeding-out to key support structure below 1.40 FX Street 2 years Pound rebounds from one-week lows versus US dollar. UK Prime Minister Boris Johnson remains in intensive care. The GBP/USD pair rebounded on Tuesday after falling to 1.2163 during the Asian session. It moved most of the day with a bullish bias and climbed toward 1.2400. It peaked at 1.2382 and then it stabilized around 1.2340. Cable was rejected from under 1.2200 and rose back to the recent familiar range. The pound fell after UK Prime Minister Boris Johnson was moved to intensive care late on Monday. The pair then rebounded and it accelerated to the upside boosted by a decline… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
