Pound is in two minds

Open GBP/USD positions according to the outcomes of the meetings of OPEC+ and G20 

What is better, to stay still or to jump up and down? The GBP used to try both. In the September-December period, the GBP/USD pair soared by 13, following by a 16% drop by mid-March, and now the pair consolidating in the range of 1.218-1.248. The sterling is rather responsive to foreign factors, such as the trends for the U.S. dollar and the US stocks. The news about the health of the UK Prime Minister Boris Johnson, which seems important, was used by large traders to buy the…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>