GBPUSD is hovering around 1.2500 for the sixth consecutive trading session. But this stabilisation is more like the calm before the storm than a new balance point. The Pound enjoys a fragile equilibrium as investors and traders choose to take a wait-and-see approach ahead of the super week when the Fed (later today) and Bank […]

The post Fed’s Hike With Toothless BoE Could Knock GBPUSD Down to 1.2000 appeared first on Action Forex.