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Forex Crunch: GBP/USD Forecast Feb. 11-15 – Brexit impasse, BoE blues weigh on pound

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Forex Crunch: GBP/USD Forecast Feb. 11-15 – Brexit impasse, BoE blues weigh on pound
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02-10-2019, 05:28 PM
GBP/USD Forecast Feb. 11-15 – Brexit impasse, BoE blues weigh on pound

GBP/USD posted sharp losses for a second successive week, falling 1.0 percent. The upcoming week’s key events are Preliminary GDP and CPI. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD. As expected, the BOE held the benchmark rate at 0.75%. The bank’s rate statement was decidedly [...]

The post GBP/USD Forecast Feb. 11-15 – Brexit impasse, BoE blues weigh on pound appeared first on Forex Crunch.

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