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Read More »GBP: takes advantage of weak US dollar 4/10/2022
GBP: may test support before attempts to rise 3/10/2022
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Read More »GBP: establishes a first support ground 29/9/2022
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Read More »Market Drivers – European Session 28/9/2022
The rise of the dollar against sterling was also affected by British domestic factors, after the British government announced last week a plan to cut taxes and increase borrowing. This decreased sterling to $1.0327 on Monday, a record low, after settling near the $1.1300 level ahead of the UK’s budget …
Read More »GBP: selling pressure remains 28/9/2022
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Read More »GBP remains unstable 27/9/2022
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Read More »GBP continues to suffer losses 23/9/2022
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Read More »GBP surrenders against USD, all eyes on BoE 22/9/2022
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Read More »Market Drivers – European Session 21/9/2022
The British government said on Wednesday it would reduce the wholesale cost of electricity and gas to businesses and businesses to less than half the market price from next month to help ease the burden of soaring energy costs but adding to rapidly rising government spending. The wholesale price of …
Read More »GBP: starts pressing support 21/9/2022
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