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GBP/USD: Rally Stalled – OCBC
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GBP/USD: Rally stalled – OCBC
The post GBP/USD: Rally stalled – OCBC appeared on BitcoinEthereumNews.com. Pound Sterling (GBP) had a choppy session overnight. Pair was last at 1.3533 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Daily momentum is flat “GBP fell at first due to softer than expected prints for April GDP, industrial production, then later erased losses to trade above 1.36-handle at one point after USD fell broadly (as US PPI underwhelmed)…
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