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Undeterred

Pound Undeterred by UK GDP Beat Due to Strike Action

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POUND STERLING TALKING POINTS Services sector helps boost UK GDP numbers above pre-COVID levels. UK strikes limiting pound upside. Rising wedge break looming. Recommended by Warren Venketas Get Your Free GBP Forecast GBP/USD FUNDAMENTAL BACKDROP The British pound was muted in its reaction to the UK GDP beat this morning however, once the European session …

Pound Undeterred by UK GDP Beat Due to Strike Action Read More »

Pound Undeterred by Hawkish Fed Speakers, BoE’s Bailey in Focus

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POUND STERLING ANALYSIS & TALKING POINTS Fed officials fail to disrupt upside momentum for GBP. Markets look to Bank of England for direction. 200-SMA looks unlikely to be breached. Recommended by Warren Venketas Get Your Free GBP Forecast GBP/USD FUNDAMENTAL BACKDROP The British pound remains in a consolidatory phase at relatively high levels despite attempts …

Pound Undeterred by Hawkish Fed Speakers, BoE’s Bailey in Focus Read More »

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