Pound Rises Against Dollar

GBP/USD gains to near 1.3290 The British Pound strengthens against the US Dollar as the UK's likely next Prime Minister, Andy Burnham, has eased market concerns by pledging strict fiscal rules. The GBP/USD pair gains traction to near 1.3290 during the Asian trading

GBP/USD gains to near 1.3290

The British Pound strengthens against the US Dollar as the UK’s likely next Prime Minister, Andy Burnham, has eased market concerns by pledging strict fiscal rules.

The GBP/USD pair gains traction to near 1.3290 during the Asian trading hours on Thursday.

The move comes ahead of key NFP data, which may impact the currency pair’s trajectory.

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