The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
GBP/USD: forecast for April 10-14
As the official Brexit process is finally underway, market awaits a formal response form the EU on the terms of its separation with the UK. As we don't expect many news about Brexit in the coming days, the pound's value will depend on the UK economic fundamentals.
The pound is highly volatile after a Brexit referendum. Have a look what other factors affect the UK currency. And get clues on future movements of GBP.
This is Forex trading plan for Thursday, May 24…
It seems like the rally of the greenback has ended. On Monday, the US dollar index tested levels near $94, however, closed below $93.50.