GBP/AUD on the way to 500 pips target. (See the Details and Signal)

142 ViewsGBP Fundamental View Disappointing UK GDP and BoE Rate Cut Will Lead More Selling Pressure on GBP During today’s European session, GBP remains the session laggard as disappointing GDP data adds to the already bearish sentiment bias following Sunday’s dovish comments from BoE’s Vlieghe. GDP for November misused all expectations on a month-over-month basis…

GBP/USD Anlysis: Disappointing UK GDP and BOE Rate Cut Increased Selling Pressure.

117 ViewsGBP/USD Fundamental View Disappointing UK GDP and BoE Rate Cut Will Lead More Selling Pressure on GBP During today’s European session, GBP remains the session laggard as disappointing GDP data adds to the already bearish sentiment bias following Sunday’s dovish comments from BoE’s Vlieghe. GDP for November misused all expectations on a month-over-month basis…