The technical setup for GBP/USD allows expecting a rebound but it has to rise above the resistance first.
Tag - usd
The European Central Bank will announce its interest rate and publish the monetary policy statement on September 12, at 14:45 MT time.
Risk sentiment has improved. Find out how to trade EUR/USD, GBP/USD, USD/JPY and AUD/USD in this environment!
Crucial events that will drive markets this week
What event will shake markets in the upcoming days
Risk sentiment improved, so AUD/USD and NZD/USD are aiming at higher levels…
Last week USD/CAD was rejected on the upside: the pair failed to settle above 1.3350.
Great Britain will publish GDP growth and manufacturing production on September 9, at 11:30 MT time.
How American and Canadian jobs data will affect markets
The USD is going to be volatile on Friday, September 6, as America will release Nonfarm Payrolls data at 15:30 MT time.
The market is digesting good news and awaiting the NFP. What lies ahead for EUR/USD, GBP/USD, USD/JPY, and other pairs?
What will move markets on September 5