GBPUSD Forecast and Technical Analysis Nov 21st

Cable headed north again by the speculations that the UK government is ready to offer around £40.0 billion to the European Union as part of its ‘divorce bill’.

Moreover, the overnight comments from the BOE policymaker Ramsden continue to remain a weight on the pound, especially his downbeat comments on the economic outlook and Brexit process.

Going ahead, we would closely monitor UK’s public sector net borrowing data for October, scheduled to release in a few hours.

GBPUSD Forecast And Technicals:

READ MORE

GBPUSD-DAILY-CHART-7

Source: http://www.fxters.com/gbpusd-forecast-technical-analysis-nov-21st/

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.