The pound’s troubles continue, as the nowness forfeited nearly digit cents against the US note this week. GBP/USD winking the hebdomad at 1.5168. The upcoming hebdomad is a laboring one, and the highlights allow CPI, Retail Sales and GDP. Here is an looking of the events and an updated theoretical psychotherapy for GBP/USD.
Solid UK job drawing unsuccessful to increase the pound, which has been on a descending way throughout the period of May. The note prefabricated whatever gains on weekday after a brawny UoM Consumer Sentiment release.
Read the rest of the article GBP/USD Outlook – May 20-24