GBP/USD Daily Video, May 07, 2018

Sive Morten

Special Consultant to the FPA
Messages
18,679
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.
 
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