TODAY'S MARKET INTELLIGENCE
GBP/USD Hovers Near Upper Box Boundary, Bulls Poised to Continue Strength
English summary
On Tuesday's early European session, GBP/USD rose to around 1.3445, moving above the 100-day moving average. The Bank of England raised rates by 25 basis points to 4.00% last week, but internal disagreements persist, with official Pill hinting at potential cuts next year. An ~84% probability of a US rate hike in December limits USD downside. Markets await the upcoming US CPI data.
The English text is machine translated and may require verification against the Chinese version.
Browse today's intelligence