15.10 - will GBP pull out of the crisis after all?
- by Anna K.
Oh, how uneven – this was my first reaction when I saw the performance of GBP/USD chart this morning. But, I was also pleasantly surprised – after all British currency went through a rough day yesterday and even after than still managed to pull through and somehow attracts traders – that is not something that all of the couples would be able to do. Right now we can sense – there is optimism around British pound. It started growing yesterday after the Queen re-opened the work of the parliament after Johnson’s suspension and now we are going to be able to see the real Brexit situation, with no political turmoil inside England wrapped around our eyes.
Plus, today we are expecting the speech from one of the key members of the British government –governor Mark Carney – to give his speech. As a head of the Bank of England he is going to give us more insight into the real state of business with pound and its strength to withstand the pressure from the past and upcoming events. And this is just what we and the couple itself need. After all, Johnson pulled so much veil over our eyes that we are going to need someone to take it off for us, otherwise it is going to be this much harder to trade GBP/USD from now on.
Watch out for the changes in the GBP/USD performance with our free trading signals.