British currency-trading.ch/”title=”forex” >forex.com/category/british-pound/”title=”pound” >Pound May Consolidate After Falling to 10-Month Low Fundamental Forecast for British Pound: Bearish – UK Mortgage Approvals Slip to Eight-Month Low, Consumer Credit Improves – Bank of England Maintains Policy in March – Consumer Confidence Advances to Two-Year High The British Pound slipped to a 10-month low against the U.S. dollar as the economic docket reinforced a weakened outlook for …
Euro sentiment, as defined by COT positioning, has turned from a bearish extreme. After spending 5 weeks at a bearish extreme, the EURUSD may see a short covering rally next week.
