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British Pound aka GBP has turned bearish due to dovish comments from Bank of England.
But, BoE raised interest rates by 0.25% to a post-financial crisis high.
Pairs that were impacted were: GBPUSD/GBPJPY/GBPCHF.
Turkish lira aka TRY has dropped to a new record low of $5.0822 and is looking to go even lower. Year-to-date, brings its loss outright above -24% after the White House announced yesterday it would sanction the country over the detention of a U.S pastor Andrew Brunson.
Pairs that were impacted were: USDTRY/EURTRY/TRYJPY.
USDTRY chart on 4H TF-
Cheers !!
British Pound aka GBP has turned bearish due to dovish comments from Bank of England.
But, BoE raised interest rates by 0.25% to a post-financial crisis high.
Pairs that were impacted were: GBPUSD/GBPJPY/GBPCHF.
Turkish lira aka TRY has dropped to a new record low of $5.0822 and is looking to go even lower. Year-to-date, brings its loss outright above -24% after the White House announced yesterday it would sanction the country over the detention of a U.S pastor Andrew Brunson.
Pairs that were impacted were: USDTRY/EURTRY/TRYJPY.
USDTRY chart on 4H TF-
Cheers !!
