British Pound Trade Seems too Good to be True – Watch Key Risk

The British Pound finished the week almost exactly unchanged against the Dollar despite clear disappointments in UK economic data. A busy economic calendar in the days ahead could nonetheless have a lasting impact on trader sentiment, and the stakes are high heading into a critical Bank of England interest rate decision in two weeks’ time.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/gbp/2016/07/23/forex-British-Pound-Weekly-Forecast-tofDR.html?DFXfeeds=forex:fundamental:forecast:weekly:gbp