GBP/USD update (4th June 2015, 19:30)

Analysis GBP/USD

Published: 6/4/2015 3:34:00 PM
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The UK continues to have a watching brief as they, like everyone else, try to assess where the Greek negotiations are. With the eurozone being the UK’s largest trade partner, GBP/USD has found itself tied to current levels and unable to move too far on the back of its own economic data releases.

Today will once again see a plethora of economic data releases as we await the UK interest rate decision. I will happily do a ‘Paddy Ashdown’ and offer to eat my hat should this current rate change. The US side of the equation will also be contributing with the latest release of US unemployment claims.



Tag: GBP/USD
Source: MARKET MOVES
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