GBP Price Forecast: Pound Undeterred by Brexit Deal
GBP/USD continues within a key technical pattern ahead of central bank speakers later today while the Brexit deal gathers momentum.
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GBP/USD continues within a key technical pattern ahead of central bank speakers later today while the Brexit deal gathers momentum.
GBP/USD price action has the pound testing the key 200-day MA ahead of the US durable goods orders release later today.
EUR/GBP & GBP/USD price action shows minimal changes to last week’s close as markets prepare for a slew of UK, US and eurozone fundamental data throughout the week.
UK CPI data showed a marked decline in inflationary pressures for January resulting in a pound sell-off with GBP/USD testing the 1.21 support level.
The GBP/USD price is showing signs of suspicion as markets keenly anticipate UK employment and US CPI tomorrow.