GBP/USD Price Forecast: A Tale of Two Patterns
GBP prices slumped on Tuesday morning as China’s economic growth concerns were heightened by a decline in services activity.
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GBP prices slumped on Tuesday morning as China’s economic growth concerns were heightened by a decline in services activity.
USD/JPY, GBP/JPY post recovery in the Asian session as BoJ Board member Tamura spoke. His comments were largely construed as dovish in nature and added renewed selling pressure on the Yen. Where to Next?
GBP prices remain elevated as US GDP & ADP employment change data could hint at a slowing US economy.
GBP/USD & EUR/GBP prices show pound resilience as markets keenly await US and euro data for guidance.
GBP/USD & EUR/GBP crosses could be setting up for additional pound vigor ahead of the Jackson Hole Economic Symposium.