GBP/USD Review, December 23-27, 2019
23 December 2019
The currency pair corrected last week due to weak UK PMIs and reached 1,2980 support area.
Bank of England’s meeting failed to change the situation and favored further downtrend. Interest Rates voting has showed that the balance of power within the MPC is the same.
We expect the currency pair to resume its growth this week. The closest target is at the last week’s highs.
