As many have requested through the comments, here is our GBP/USD update! :)
Sterling is fending off an oil-fuelled Norwegian Krona for 3rd spot in the G10 ranks as Cable eyes 1.3900 and Eur/Gbp retests bids/support around 0.8550 due to risk back on impulses and hopes that the UK-EU vaccine stand-off will be resolved before too long.
From a technical standpoint we are still in for more downside on GBP/USD heading into new lows for the week ahead.
Sterling is fending off an oil-fuelled Norwegian Krona for 3rd spot in the G10 ranks as Cable eyes 1.3900 and Eur/Gbp retests bids/support around 0.8550 due to risk back on impulses and hopes that the UK-EU vaccine stand-off will be resolved before too long.
From a technical standpoint we are still in for more downside on GBP/USD heading into new lows for the week ahead.