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We have some key economic releases this week that will likely shape the market’s pricing for rate cuts for UK, Canada, and Australia. The market participants will also watch closely what Fed’s Waller has to say about the recent dramatic easing in financial conditions.
Analysts at Morgan Stanley remain neutral on the GBP/USD pair despite potential four Bank of England (BOE) interest rate hikes over the next 12 months
GBP/USD is holding in positive territory as the US dollar gives back ground. The daily chart offers a bearish bias from resistance and a confluence of
GBP/USD has firmed on the vaccine roll-out despite a stronger dollar. The UK's lockdown-easing plan is buoying the currency with less prospect of negative
GBP crosses have been on a tear at the start of the week as investors back Britain again considering GBP/JPY has rallied to fresh cycle highs but is