baronbloe

GBP Re-emerging from a bear market 15 Feb 2018

FX:GBPUSD   英镑/美元
I am neither long nor short on the GBP/USD             pair. The GBP was stronger against the USD due to inflation from the US. The conundrum between the British government and European authorities is still ongoing. Both zones are so erratic with thr             news that has come out that neither is benefitting the other. This is part of the bigger picture where the GBP is on a bull run. I expect the GBP/USD             price to settle at $1.4 USD per 1 GBP around mid-April. Trade ties between the UK and US are deep and are largely affected by cycles.
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