Forecast for GBP/USD: Pound caught enemies in a lie

Fundamental forecast for pound for today

GBP/USD bulls have been told that the British economy is bad and the Brexit negotiations are deadlocked

Markets tend to fall when Euphoria gives way to Disappointment and rise when the future turns out to be not as bleak as they are being told. A notable example is the British Pound, which soared to its highest level since early March against the US dollar and strengthened against the euro, although it did not have such a powerful trump card as the EU's approval of the Franco-German proposal for a fiscal stimulus. The explanation for this may be…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>