The UK does not experience political turbulence as France and the US, allowing the pound to soar to its 2-year high against the euro and a yearly high against the greenback. Let’s discuss this topic and make a trading plan for the GBPUSD.
Highlights and key points
The Labour Party will stabilize the UK economy.
Money will flow into the country after the scandalous Conservative government.
The Bank of England is unlikely to cut the repo rate in August.
These factors may push the GBPUSD to 1.305.
Weekly fundamental forecast for pound sterling
The Labour Party’s unconditional victory in the… Read full author’s opinion and review in blog of #LiteFinance
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