The report for the Current account could have an impact on the value of the sterling. The Current Account released by the National Statistics is a net flow of current transactions, including goods, services, and interest payments into and out of the UK. A current account surplus indicates that the flow of capital into the UK exceeds the capital reduction.The predictions are for a decrease to -17B from -25,5B.If this prediction matches the genuine data we recommend going for long positions on the major sterling pairs.This will mean that the UK is paying it’s external debt.
Comment:
slowly go to the target
Comment:
People`s maybe next week gbpusd is bullish hold long position and have a nice week.