Today’s All Things Forex Broadcast: Is the GBP Ready for Further Gains vs. USD & EUR?
In the broadcast today: Is the GBP Ready for Further Gains vs. USD & EUR? In light of the renewed strength of the British Pound, we explore the potential for further gains of the GBP against the USD and the EUR, we analyze the latest trend developments with the GBP/USD and EUR\/GBP currency pairs, we continue to monitor the bullish breakout in the EUR/USD pair, we follow up on the anticipated strengthening of the commodity currencies: CAD, AUD and NZD, we highlight the market’s reaction to the Australian Consumer Confidence, the New Zealand Retail Sales, the U.K. Jobless Claims, the Euro-zone HICP and Industrial Production, and the U.S. Retail Sales, we discuss new forecasts from Royal Bank of Scotland and UBS, and prepare for the trading session ahead.
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