In the fourth quarter, the decline in the GBPUSD was not attributable to the differential timing of rate cuts by central banks; it was primarily driven by the loss of momentum in the UK economy. It is important to consider whether these developments could have been more severe. Let's discuss this topic and make a trading plan. Major Takeaways The UK economy has not expanded in the second half of the year. Monetary policy gives no advantage to either the pound or the US dollar. A Santa Claus rally in the stock market may help the pound sterling. Short trades... Read full author’s opinion and review in blog of #LiteFinance
