Crash british pound
(pixabay)
Nice people, today I wanted to start with a topic devoted to the forex market, especially the '' Gbp / Usd '' cable
after the pending sterling expectations released on November 2, the pound sterling passes to other currencies, the cable (gbp / usd) reaches 1.33005 high and then drops to 1.3040, the daily session ends at a price of 1.3049 . Venrdi 'opens at 1.3050 and puts a pulback at 1.3038 and goes up to 1.3132 closing the daily session at 1.3073.
screenshot mt4
https://it.investing.com/economic-calendar.
On Friday, November 3, US macroeconomic data emerged that contributed to increased volatility, data were not very encouraging, giving the pound sterling ability to recover from sales
The effect given by raising interest rates on the pound sterling, bringing it from 0.25% to 0.50%, causing volatility with other currencies with a weakness on gbp.
The Boe '' bank of england '' is so valued that it will have a further upward potential. so at this time I would expect to buy pounds.
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