FXstreet.com (Barcelona) - The sterling has failed to reach and beak above 1.5500 so far, trading slightly in the positive territory after the Asian session.
The feeling around the pound remains flat after the BoE has increased by £50 billion its asset purchase programme last week, taking it to £375 billion. Lack of domestic data on Monday will shift pound traders’ attention to any event out of the euro zone.
BoE Deputy Governor P.Tucker will give a speech regarding the Libor scandal involving Barclays, with chances of adding the cable some unexpected volatility.
GBP/USD is now up 0.06% at 1.5488 with the next hurdle at 1.5500 followed by 1.5598 then 1.5601 and 1.5623
On the downside, a breakdown of 1.5454 would bring 1.5435 then 1.5404 and 1.5375
The feeling around the pound remains flat after the BoE has increased by £50 billion its asset purchase programme last week, taking it to £375 billion. Lack of domestic data on Monday will shift pound traders’ attention to any event out of the euro zone.
BoE Deputy Governor P.Tucker will give a speech regarding the Libor scandal involving Barclays, with chances of adding the cable some unexpected volatility.
GBP/USD is now up 0.06% at 1.5488 with the next hurdle at 1.5500 followed by 1.5598 then 1.5601 and 1.5623
On the downside, a breakdown of 1.5454 would bring 1.5435 then 1.5404 and 1.5375
