Get DailyForex analysis to your emailprice of the GBP/USD currency pairTechnically, one should beware of a jump in the price of the currency pair in one of the two directions at any time.
Technical indicators are currently in a neutral position, waiting for a strong move that determines the direction.Goldman Sachs expects the pound to remain supported, following last week's decision by the Bank of England to raise interest rates by 50 basis points. Accordingly, Michael Cahill, an expert at Goldman Sachs in London, says, “It is time for the hawks to cry out, and it seems that the Bank of England has done exactly that.
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