Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 14 - 06:55 PM

GBP: Another Pass By The BoE On Thurs May Push GBP/USD Towards 1.30 N-Term - TD

By eFXdata  —  Dec 14 - 03:00 PM

TD Research discusses its expectations for this week's BoE policy meeting.

"Another pass this month by the BoE leaves GBP vulnerable to a fresh wave of selling pressure, reflecting Omicron uncertainty and heightened volatility," TD notes. 

"As a result, EURGBP should remain near the recent highs for a bit longer, though we like the prospects of fading into 2022. GBPUSD could make a near-term push towards 1.30 if risk appetite starts to crumble," TD adds. 

Source:
TD Bank Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!