The GBP was at $1.5304 ahead of the announcement. Immediately after Carney introduced forward guidance the GBP fell to to $1.5205 immediately after the announcement, but has since climbed to $1.5438. Follow us on:
The Sterling strengthened against the US Dollar on the reports indicating the first signs of the UK economic recovery. GBP/USD rose 51 base points or 0.39% to the 1.3125 mark. The pair continued surging to the weekly high of 1.3257, …
GBP/USD Daily Chart Notice that, tomorrow at 08:30, the UK inflation data will come out and will serve as major Catalyst for the pair price action. The GBP/USD major currency pair has gained the Forex market nickname “Cable”, named …
*Close price adjusted for splits.**Adjusted close price adjusted for both dividends and splits.
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