BoE hawkish rhetoric can’t support the GBP/USD bulls
When a currency is sent down by weak economic data and is not moving up amid the strong ones, speculators are obviously willing to sell. Bulls are hold back with something, and the answer, in the case with the GBP, is the politics. The Conservative party is to vote on its leadership on June 13, and the winner is likely to be Boris Johnson, former foreign secretary and a euroskeptic. Bloomberg experts see the chances of the opponents of the UK-EU agreement (in addition to Johnson, it is also the former Brexit…
Read full author’s opinion and review in blog of #LiteForex