Sterling Hysteria or Common Sense?
UK inflation hitting 20-month highs backs one of our main arguments to favouring $1.70 GBPUSD since January: Rather than rejecting GBP strength, the Bank of England will use GBP strength in its favour as a means to contain inflation, instead of resorting to interest rate hikes. But is $1.7150 in GBPUSD too excessive? As we approach Wednesday's release of the UK jobs figures, we issue our latest Premium trades on GBPUSD with 3 new charts and update a crucial chart posted earlier in the year, illustrating a rare technical moving average deviation, bearing key parallels with 2007 and 2004.
Mueller, Retail Sales & China Deal
by Adam Button | Apr 18, 2019 13:15
فحص الإسترليني بدون عامل البريكست
by Ashraf Laidi | Apr 17, 2019 16:29
Why GBP is Year's Best Performer
by Adam Button | Apr 17, 2019 12:33
Loonie Drops on BoC, onto US IP
by Adam Button | Apr 16, 2019 13:31
Equities Push into Earnings
by Adam Button | Apr 15, 2019 13:10