Sterling is drifting lower against a range of currencies and this looks likely to continue next week
Source
British Pound (GBP) Weekly Forecasts: GBP/USD and EUR/GBP
access_timeSeptember 7, 2024
Latest:
- The bitcoin chart isn’t looking pretty after a $2500 decline today
- The Fed is in a tricky spot – CIBC
- USDJPY moves lower to test the August low and finds support buyers.
- Australian dollar tumbles to the lowest since August 19. Carves out H&S top
- NZDUSD falls to the 100 bar MA on the 4-hour chart
- Fed’s Goolsbee: Critical challenge is not letting things turn into something worse
- Waller Q&A: Forecasts could be wrong, must be nimble as data comes in
- USDCAD extends to the next upside target
- WSJ’s Timiraos: Waller does not explicitly say “25” or “50”, but leans to 25.
- FOMC Waller : Time has come to begin reducing. Labor market softening/not deteriorating
Stay Ahead In The Forex Game