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GBP/USD Weekly Forecast: Can America's cooldown send sterling above 1.40? UK GDP, US consumer eyed


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GBP/USD Weekly Forecast: Can America s cooldown send sterling above 1.40? UK GDP, US consumer eyedANALYSIS
|
5/7/2021 3:12:46 PM GMT
GBP/USD has bounced as the BOE upgraded its outlook and horrible US jobs figures.
UK GDP and US consumer figures promise another busy week in cable.
Early May s daily chart shows bears are gaining some ground. 
The FX Poll is pointing to short-term falls before and upswing later. 
Something is more than nothing – the Bank of England monetary policy tweak has pushed up the pound, while concerns about road bumps in the US economy have kept the dollar from storming the board. Can the upswing continue? Economic data has rising prominence as covid concerns fade on both sides of the pond.  ....

United States , United Kingdom , City Of , White House , District Of Columbia , Jerome Powell , Janet Yellen , Andy Haldane , Andrew Bailey , Joe Biden , Boris Johnson , Governor Of The Bank , Retail Control Group , Federal Reserve , Scottish National Party , University Of Michigan , Chief Economist Andy Haldane , Secretary Janet Yellen , Fed Chair , Manager Indexes , Prime Minister Boris Johnson , Gross Domestic Product , Retail Sales , President Joe Biden , Wall Street , Consumer Price Index ,

GBP/USD: Can America's cooldown send sterling above 1.40? UK GDP, US consumer eyed


May 10, 2021 08:18 GMTForex News
GBP/USD has bounced as the BOE upgraded its outlook and horrible US jobs figures.
UK GDP and US consumer figures promise another busy week in cable.
Early May’s daily chart shows bears are gaining some ground. 
The FX Poll is pointing to short-term falls before and upswing later. 
Something is more than nothing – the Bank of England monetary policy tweak has pushed up the pound, while concerns about road bumps in the US economy have kept the dollar from storming the board. Can the upswing continue? Economic data has rising prominence as covid concerns fade on both sides of the pond. ....

United States , United Kingdom , City Of , White House , District Of Columbia , Jerome Powell , Janet Yellen , Andy Haldane , Andrew Bailey , Joe Biden , Boris Johnson , Governor Of The Bank , Retail Control Group , Federal Reserve , Scottish National Party , University Of Michigan , Chief Economist Andy Haldane , Secretary Janet Yellen , Fed Chair , Manager Indexes , Prime Minister Boris Johnson , Gross Domestic Product , Retail Sales , President Joe Biden , Wall Street , Consumer Price Index ,