Analysts at Scotiabank explained that GBP is showing signs of renewed weakness, resolving its recent consolidation in a bearish manner in response to the latest on Brexit. Key Quotes: “Labor is said to back the Tory rebels’ amendment to PM May’s bill, opening up the potential for defeat.” “Fundamentally, the latest employment data were in line with expectations, leaving domestic rate expectations unchanged with OIS pricing 18bpts of tightening for the upcoming August 2 policy decision.” “The BoE now enters a quiet period into the decision.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Technical Analysis: Bears in control push EUR/USD below 1.1700 figure FX Street 5 years Analysts at Scotiabank explained that GBP is showing signs of renewed weakness, resolving its recent consolidation in a bearish manner in response to the latest on Brexit. Key Quotes: "Labor is said to back the Tory rebels' amendment to PM May's bill, opening up the potential for defeat." "Fundamentally, the latest employment data were in line with expectations, leaving domestic rate expectations unchanged with OIS pricing 18bpts of tightening for the upcoming August 2 policy decision." "The BoE now enters a quiet period into the decision." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
