Last week GBPUSD continued to slide after the dovish statement from Bank of England meeting. While the pair had climbed to 1.3266 following the US employment numbers, it fell to as low as 1.3020; The market seems to think that the BoE is even less likely to raise rates in the future. I expect a small rebound but it will be a selling opportunity.
Keep cal;m and trade responsibly....
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