gbpsell

Fundamentals:- After a stronger than expected Non Farm Pay role from the USA and pressures on the GBP from Brexit and average data of late we are expecting the USD to strengthen against the GBP for while longer. Technicals;- Looking for a pull back on the recent lows to 14000 where there is an area of support and resistance which should act as resistance and...

Fundamental Analysis:- We are looking for a weaker GBP next week as CPI is expected to drop slightly y/y although this will not have a long term effect on the value of the GBP; Brexit negotiations could still weigh heavily on the GBP. There is talk of a second referendum if Parliament don't get the deal they want to leave the European Union which could effect the...