GBP/USD seesaws 30-pip around 1.2200 on better-than-expected Q2 UK GDP
GBP/USD seesaws 30-pip around 1.2200 on better-than-expected Q2 UK GDP GBP/USD initially spiked up before retreating on the UK data-dump. UK Q2 GDP contracted 0.1%, monthly statistics remained fairly mixed for June. US dollar weakness initially helped cable bulls but Fed’s resistance to welcome inflation probed upside momentum. First impressions of the US Michigan Consumer …
GBP/USD seesaws 30-pip around 1.2200 on better-than-expected Q2 UK GDP Read More »