GBP/USD: between rock and a hard place

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The inconclusive UK elections found Theresa May scrambling to form a coalition. She is pressured to soften her stance on Brexit, but the UK could face a fresh round of elections should her coalition crumble. UK data is also important with rising inflation boosting the pound. The BOE convenes amid a worsening dilemma about interest rates.

A special focus on Sterling:

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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