E-mail:    

FUNDAMENTA ANALYSIS

GBP/USD – Because Everyone’s Talking About It…

GBP, USD, Because, Everyone’s, Talking, About It, Fundamental Analysis, fx trader, forex

13 Jul 2016

But have you considered the possibility that the Bank of England may actually not ease already pretty easy policy this Thursday?

The post-Brexit vote rally in the UK blue chip equity index, the FTSE100, may have come about on almost pure speculation that we’ll be getting economic stimulus (‘this summer’ as promised by Governor Mark Carney) but it needn’t necessarily be cause for concern among the more cynical market watchers like me.

GBP, USD, Because, Everyone’s, Talking, About It, Fundamental Analysis, fx trader, forex chartGBP/USD daily chart

Of course they want things to go up, so they make it happen. And it does happen!

Next>>