SYFX

British Pound (GBP) Latest: GBP/USD Sell-Off a Dollar Driven Event, GBP/NZD Testing 200-DMA

August 20, 2020 at 09:56AM

The sharp sell-off in cable on late Wednesday was primarily driven by a reversal higher in the US dollar after the FOMC nudged back further forward guidance.

Leave a Reply

Your email address will not be published. Required fields are marked *