Market Overview

GBP/USD Lower

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GBP/USD is trading lower Monday during choppy trading. GBP/USD is trading at 1.4784, down 0.0069. Buyers have backed away.

Market chatter about UK GDP due out on Tuesday is making the rounds. Chatter about the UK elections is also on the table. Market chatter comments from BOE members who are in agreement that rates will be higher within two years has had little effect on the pair.

Posted-In: british pound dollar PoundFutures Forex Markets

 

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