Cable Facing Volatility As BoE Set To Cut Rates

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Last week was positive for the Cable as it managed to finish the week above the 1.32 handle but still largely remained in a sideways consolidation phase. Initially, the pair received a boost from a rise in the UK Advance GDP to 0.6% q/q, however, the GfK Consumer Sentiment figures[​IMG]

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