While the pound has lost its initial strength from 1.3293 highs, GBP/USD traders will now turn to the key events for the week ahead and analysts at Scotiabank are neutral on the pair. Key Quotes: “There have been no fundamental releases and market participants are eyeing Monday’s parliamentary vote on PM May’s CrossBorder Trade bill.” “This week’s heavy release calendar includes employment data on Tuesday, CPI on Wednesday and retail sales on Thursday.” “Domestic rate expectations have softened modestly, however, OIS is still pricing roughly 18bpts of BoE tightening for August.” “We are neutral GBP, targeting 1.32 for year-end.” 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 US: Retail sales up solidly in Q2 – Wells Fargo FX Street 5 years While the pound has lost its initial strength from 1.3293 highs, GBP/USD traders will now turn to the key events for the week ahead and analysts at Scotiabank are neutral on the pair. Key Quotes: "There have been no fundamental releases and market participants are eyeing Monday's parliamentary vote on PM May's CrossBorder Trade bill." "This week's heavy release calendar includes employment data on Tuesday, CPI on Wednesday and retail sales on Thursday." "Domestic rate expectations have softened modestly, however, OIS is still pricing roughly 18bpts of BoE tightening for August." "We are neutral GBP, targeting 1.32 for year-end." 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.
