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Back Fundamental analysis
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Back Fundamental analysis
Overview of the GBP/USD Pair. Weekly Preview. Weak Macroeconomics, Important Geopolitics
The GBP/USD currency pair will trade
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The GBP/USD currency pair will trade this week based on the US dollar, the euro, and geopolitical factors. How will these three interconnections affect the British pound? First, it should be understood that for the past two months, movements in the currency market have been entirely dependent on the US dollar. It is the demand for the dollar that fluctuates, leading to opposing movements in the euro and pound. Secondly, the British pound has always closely correlated with the euro.
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Paolo Greco,
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