The GBP/USD pair is forecast to end the year at 1.3000, from a current level in the 1.33s on a divergence in the trajectory of interest rates in the two countries.
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Bank of England meeting to dominate schedule in the coming week.
Read more … →The GBP/USD is poised to break higher after forming a reversal chart pattern at the lows and as more UK data in the week ahead could suggest forecasts the economy could be holding up surprisingly w…
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Stocks have soared and the dollar has fallen after August payrolls undershot expectations.
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The US Dollar’s nascent recovery could hit the buffers on Friday should the prophecies of a leading global investment bank be proven true.
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A straw poll of the views of technical foreign exchange analysts is showing a predominantly bearish outlook for GBP/USD, whilst views on EUR/GBP are mixed.
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Recent data has shown that fears Brexit would push the UK into an economic crisis were unfounded, nevertheless Bank of America’s chief Economist, Ethan S Harris has said the economy is still suscep…
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