Sive Morten
Special Consultant to the FPA
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Good morning,
Pound right now stands under double pressure - it's own weakness and USD strength. Thus, on coming week we expect further drop of GBP. BoE decision will be flat and no rate increase will follow by our opinion:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Pound right now stands under double pressure - it's own weakness and USD strength. Thus, on coming week we expect further drop of GBP. BoE decision will be flat and no rate increase will follow by our opinion:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.