GBP/USD Forecast: Continues to Plow Higher

SubscribeWe commit to never sharing or selling your personal information

At this point, it looks as if the British pound is looking to the 1.20 level above, and the 200-Day EMA sits just above there. That of course is ridiculous, but at the end of the day, it is market perception more than anything else that has this thing moving.The reality of course isn’t like that, and I do think that it is probably only a matter of time before we would see the Federal Reserve do everything it can to push risk appetite back down. After all, the higher the risk appetite-related assets go, the more inflation you are more likely not going to see.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/USD: Rally could extend to 1.1910 and 1.2000 – UOBExtra upside in GBP/USD could revisit the 1.1910 and even 1.2000 in the short-term horizon, suggested Economist Lee Sue Ann and Markets Strategist Que
Source: FXStreetNews - 🏆 14. / 72 Read more »

Trading Support and Resistance \u2013USD/CAD, EUR/USD, GBP/USDThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Source: Daily_Forex - 🏆 567. / 51 Read more »