GBP/USD rallies to a fresh-monthly high, approaches 1.3500 By christianborjon GBPUSD Macroeconomics Technical Analysis
Thin liquidity conditions, and the lack of economic data, exacerbate volatility in the last days of the year.
The British pound rallies trading the New York session, trading at 1.3452 at press time. Investors’ mood is mixed, as depicted by Europan With 2022 around the corner, investors are preparing towards a year of higher inflation, central bank tightening, led by the Federal Reserve, the coronavirus pandemic, and China’s. As the easy money cycle approaches the end, at least for now, US Treasury yields began to reflect the US central bank hawkish shift, as US 10s, the 20s, and 30s, surged.
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