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GBP/USD - BoE's Haldane Speech - 19 Jan 2021

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Average: 5 (1 vote)

GBP/USD is trading to the upside today prior to the BoE's Haldane Speech. Andrew G Haldane is the Chief Economist at the Bank of England and Executive Director, Monetary Analysis and Statistics. He is a member of the Bank’s Monetary Policy Committee. Technically the pair is trading above the 50 moving average, and we anticipate further upside on the GBP/USD into the 1.36576 level.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.