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The pound has been robust in the face of fluctuating geopolitical tensions with support from strong UK economic data. GBP/USD now attempts to tackle channel resistance.
The pound may be in for a breather leading up to next weeks BOE rate decision with markets pricing in an almost certain 25bps hike.
Cable was unmoved by weak UK PMI numbers this morning as markets focus on the upcoming Fed rate decision later this week, while GBP/USD finds support at 100-day EMA.
/PRNewswire/ -- The "Alternative Data Global Market Report 2021: COVID-19 Implications and Growth" report has been added to ResearchAndMarkets.com's offering....
/PRNewswire/ -- The "Alternative Data Global Market Report 2021: COVID-19 Implications and Growth" report has been added to ResearchAndMarkets.com's offering....