GBP/USD Review, August 3-7, 2020
03 августа 2020
The currency pair developed the uptrend last week and has broken out 1.2980. The main drivers of the growth were weak US GDP data and the comments of the Fed’s head Powell about their monetary policy.
GBP/USD is likely to have a correction before going further. As for the important events, you can focus on the Bank of England meeting and several important US data releases.
