Review of GBP/USD on August 12; Two inflationary events could support the pound

The premium article will be available in00:00:00

12.08.2024 03:48 AM




The GBP/USD pair also showed no desire to move on Friday. The price corrected to the moving average, where the trading week ended. It is worth noting that the British pound has been falling for three and a half weeks straight, which is rare for it. Moreover, it fell almost continuously against the dollar last week while many other currencies rose, which is unusual. However, considering the overall fundamental backdrop in 2024 and the general technical picture, nothing is surprising




Fresh articles are available only to premium users


Read analytics in early access, getting information first
Get

Pentru mai multe detalii, va invitam sa vizitati stirea originala.