GBP/USD Forecast May 1-5

GBP/USD continued to move higher last week, closing at 1.2944. This marked the highest weekly close since September 2016. This week’s key events are the PMI reports. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD.   The pound ignored a weak GDP report, as UK Preliminary GDP softened to 0.3%, […]

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