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Fast US vaccinations, a quick retreat in the dollar – what else could cable bulls have asked for? The perfect storm has sent GBP/USD to fresh 34-month
GBP/USD has been extending its gains amid dollar weakness and Britain's vaccination campaign. Britain's easing of restrictions, retail sales, Fed
Jan 22, 2021 16:59 GMTOpinions GBP/USD has been rising amid optimism from Biden and the UK’s progress on the virus. US stimulus, GDP, the Fed decision, UK labor figures and covid data promise an exciting week. Late January’s daily chart is painting a bullish picture. The FX Poll is pointing to lower levels on all timeframes. From Boris to Biden – GBP/USD has received a boost from Britain’s vaccination campaign and America’s potential stimulus. Can the uptrend continue? Economic indicators such as US GDP and UK employment compete with the Federal Reserve, stimulus progress and ...
Replacing tiers for fears – GBP/USD dropped as the UK entered a harsh lockdown to prevent hospitals from collapsing due to the new virus strain. US De
Jan 8, 2021 16:50 GMTOpinions GBP/USD has been on the back foot amid Britain’s new lockdown and a mixed reaction to US politics. The vaccine rollout, covid statistics, and US consumer figures stand out in the upcoming week. Mid-January’s daily chart is painting a mixed picture for the pair. The FX Poll is pointing to minor drops on all timeframes. Replacing tiers for fears – GBP/USD dropped as the UK entered a harsh lockdown to prevent hospitals from collapsing due to the new virus strain. US Democrats’ win of the Senate sparked a mixed dollar reaction. Both stories are set for fol...