GBP/USD Holds as Downside Past 1.32866

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GBP/USD Holds as Downside Past 1.32866

Research preview

GBP/USD News And Catalyst Brief The linked stories point to a market that is reacting mainly to around commodity demand, central-bank policy, and geopolitical risk. GBP/USD carries a cautious-to-lower news bias because the headlines point to dollar support or pressure on the European side of the pair, with central-bank expectations and commodity pressure behind the move. This improves the context, but follow-through still depends on price holding the relevant support or resistance area. Iraq generated revenues of $2.3b from oil sales in may and june. Libya unrest disrupts oil & gas operations civil unrest forced a halt to operations at libya's mellitah oil & gas complex after protesters stormed the...

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