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The odd of the rate cut has been shifted from 72% to 79% on friday after the disappointing ppi data from the US, with this fundamental report i believe the GU buyers should take their position seriously in the next couple of days and we should see dollar weakness hence GBPUSD moving out of the range to 1.31371 resistance level
The odd of the rate cut has been shifted from 72% to 79% on friday after the disappointing ppi data from the US, with this fundamental report i believe the GU buyers should take their position seriously in the next couple of days and we should see dollar weakness hence GBPUSD moving out of the range to 1.31371 resistance level
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