GBP/USD finds bids around 1.5500

FXstreet.com (Edinburgh) -The intraday decline of the sterling seems to have found buyers in the vicinity of 1.5500 the figure, lifting the GBP/USD to the current area of 1.5520/25.

GBP/USD eyes on Carney’s speech

UK calendar is pretty light ahead in the day, wit only the CBI Distributive Trades Survey due for the month of August (20 exp. Vs. 17 prev.). However, Governor M.Carney’s speech before the UK Parliament will grab all the attention. “It would be surprising if Governor Carney did not attempt to push back against those market expectations for earlier BoE tightening, to reinforce the potential effectiveness of …read more