The British Pound and Mark Carney: Lots of Noise, Little Action
The market may have set itself up for another false alarm on rate action from the Bank of England. The British pound hangs in the balance. I am long GBP/USD mainly as a hedge on my bullish U.S. dollar positioning. At the May 10th policy meeting, I think the risk of further pound weakness is greatly minimized while more upside exists...especially if the dollar pulls back in the interim.
The British Pound and Mark Carney: Lots of Noise and Little Action. drduru.com/onetwentytwo/2018/04/29/british-pound-mark-carney-noise-little-action/
FXB 
GBPUSD #forex
The British Pound and Mark Carney: Lots of Noise and Little Action. drduru.com/onetwentytwo/2018/04/29/british-pound-mark-carney-noise-little-action/
FXB GBPUSD #forex
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.