-
British Pound Forecast: GBP/USD Tests 1.28 Resistance, UK Election in One Month
Last week was a quiet one for UK economic data, and the coming week doesn’t look too thrilling either…though at least traders should be at their desks for the whole week this time around! For GBP/USD traders, there are two longer-term stories to watch this week. First, traders are increasingly confident that the Bank of England (BOE) will keep its benchmark interest rate “higher for longer” than many of its peers. Many traders believe that the BOE will hold off until at least after the UK General Election (more below) on July 4 before making any tweaks to interest rates, and after recent data showed a ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jun 2, 2024 4:06am Jun 2, 2024 4:06am
- Guest
- | IP XXX.XXX.200.213
- Comment #2
- Quote
- Jun 2, 2024 2:04pm Jun 2, 2024 2:04pm
-
TheRexy
- | Joined May 2024 | Status: Member | 22 Comments
- Comment #3
- Quote
- Jun 2, 2024 2:31pm Jun 2, 2024 2:31pm
- Guest
- | IP XX.XXX.135.208
- Comment #4
- Quote
- Jun 2, 2024 3:05pm Jun 2, 2024 3:05pm
-
samdani786
- | Commercial Member | Joined Feb 2008 | 226 Comments
The finest tool in the world still needs a MAN who KNOWS how to use it.
- Comment #5
- Quote
- Jun 3, 2024 12:59am Jun 3, 2024 12:59am
-
TheRexy
- | Joined May 2024 | Status: Member | 22 Comments