GBP/USD has been falling for the last few days. The pound fell a third day versus the dollar as data showing U.K. consumer confidence dropped in July and house prices grew at the slowest pace since April 2013 damped demand for Britain’s currency. But it appears that the drop is now near its bottom. GBP/USD… Continue reading GBP Falls As Consumer Confidence Drops!
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GBP/USD Rally Is Just Getting Started!
GBP/USD is right now the most coveted currency amongst the traders. Traders are betting on a rally that pushed GBP/USD to its strongest level since 2008. Hedge Funds and other large speculators are more bullish on GBP than anyother currency. GBP/USD has climbed above the 1.70 level since August 2007. “In a world that’s been… Continue reading GBP/USD Rally Is Just Getting Started!