Posts Tagged ‘cable’
Currency Articles - May 22, 2019 15:21
The Pound is in Freefall – When Will It Stop?
It’s been a rough old time for the British Pound. Since the start of the 2nd week of May it’s been completely freefalling. GBPUSD has dropped over 1000 pips to 1.26390 at the time of writing this. There has been no recovery, no respite, just continued weakness. It seems that nobody loves the Pound. The […]
GBPUSD Rate Touched Pre-Brexit Levels and Begins To Fall
The early weeks gains have begun to fade for GBPUSD. After an indifferent start to 2018 cable finally found it’s mojo again in mid March to continue the climb from the horrendous lows of 2017. Last week seen the GBPUSD rate close positive every day, and Monday began with a follow through until in early […]
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