Will the Sterling lose some shine this week?

Will the Sterling lose some shine this week?

Time to turn your attention to the GBP.

This week is a monster week for the UK, with several very important reports set to be released. The most important reports to watch out for are the Claimant Count Rate, Gfk’s Consumer Confidence, and Retail Sales. The reports are delivered all throughout the week, so it will be a laborious week for the currency.

The GBP strengthened against the EUR and the USD at the end of last week. Will we see profit-taking before the reports begin dropping?

Read the full report at fxstreet.com

UK reports this week

Economic Calendar

Most Traded

Trading Opportunities

Fifth straight gain for USDJPY – can bulls clear 153 before CPI?

Dollar surges as Pound, Euro falter | FX Research

GBP sinks as “Santa cut” possibility grow

Dollar rallies on Japan political shift and stronger yields | FX Research

Limited offer:

Get Free

The TraderKeys keyboard can take your gold trading to the next level, with preprogrammed hot keys enabling you easily execute and modify trades.

Join Now