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Sunday, August 11, 2024

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

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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




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

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