The main focus for sterling traders was yesterday’s budget, delivered by the Chancellor. The main factor driving markets after the statement was the downwards revision of official GDP forecasts for the next 5 years, all were revised down by around 0.… Read more

With little in the way of macro data once again, the FX market was moving sideways and trading within now familiar ranges yesterday. GBP/USD (cable) has been holding around the 1.3250 mark for the past 3 trading sessions, a level which represents 50-… Read more

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