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Pound/Dollar: Pound Could Leave Equilibria at 13:00 EET
Monday’s euro/pound cross is lending support to the UK pound, so instead of falling, the rate has headed north to 1.5496. The price is now by the LB. I don’t have a forecast for today because the BoE’s Mark Carney is set to mix things up. His speech is due to be given at 13:00 EET. If he mentions monetary policy, the pound will swing.
Source:: Pound/Dollar: Pound Could Leave Equilibria at 13:00 EET