GBP/USD in short-term relief, but downside risks remain.
Read more … →Pound Sterling has reached its lowest levels in eleven months this week, but the prospect of a recovery is building according to a major Wall Street bank.
Read more … →"Going forward, there is an argument that a BOE rate hike is actually a policy misstep. We steer clear of the GBP until we have more clarity on that" - OCBC.
Read more … →"Those excitedly heading off to the States could lose out on ยฃ211 for every ยฃ1000 exchanged" - Fair FX.
Read more … →The trendline break was a game-changing moment for the pair as it signified the third major trendline break for the uptrend from the March 2020 lows.
Read more … →A GBP/USD rebound could be likely this week, but much will depend on the marketโs appetite for the greenback and response to U.S. inflation figures.
Read more … →It's a busy week for Pound Sterling, not only did the Bank of England strike it down with a lightning bolt but now it has to contend with heating Brexit tensions.
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