GBP/USD Outlook (29 May 2020)
British Pound/U.S. Dollar FX:GBPUSD
Overall, GBP/USD is trending downwards. Recently, GBP/USD bounced off the support level of 1.22400. Yesterday, Bank of England committee member Michael Saunders expressed pessimism in the UK’s economy, saying that
Dow Jones Industrial Average lost 218.45 points, or 0.9%.
S&P 500 gave back 20.02 points, or 0.7%.
The Nasdaq Composite added 45.27 points, or 0.5%.
US benchmarks ended the day mixed following data which reminded markets how unemployment has skyrocketed in the US with data that showed how ther
Australia's March-quarter Consumer Price Index (CPI) figures, including two of the several underlying measures that the central bank looks at, released by the Australian Bureau of Statistics on Wednesday is out – Australia Q1 trimmed-mean CPI has arrived at +0.5 pct QoQ vs the Reuters poll of +0.4 p