Cable To Remain Bearish In The Week Ahead

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 15, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Last week saw the Cable experiencing a sharply negative move as a confluence of sentiment swings and poor economic data impacted the pair. In particular, the UK GDP NIESR GDP estimate came in well below forecasts at 0.3% q/q (0.6% prev) whilst the venerable institute also predicted a 50% chance[​IMG]

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