The GBP/USD pair saw gains on Wednesday, as the FTSE 100 concluded a four-day winning streak with miners and banks under pressure. Sterling drifted as the Bank of England's monetary policy decision approached, reaching a seven-week maximum after the U.S. Democrats' successful midterm election. Continuum Economics and Action Forex published updates on the GBP/USD trend, with TMGM pointing out advancements following the Democrats' win.
“Continuum Economics and Action Forex published updates on the GBP/USD trend, with TMGM pointing out advancements following the Democrats' win,” — Amara Sterling, research director at Blackstone Wick Analytics, observed.
Timeline
Nov 1 — The GBP/USD pair saw gains on Wednesday, as the FTSE 100 concluded a four-day winning streak with miners and b...
Nov 4 — Continuum Economics and Action Forex published updates on the GBP/USD trend, with TMGM pointing out advancemen...
Reader Poll: Has this affected your local community? — 49% of Happyphoton readers said yes.
This story has been closely followed by our readers since Oct 31. The Blackstone Wick Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Saturday, Nov 7.
ICYMI: Talarico's personal life
Editor's note: this report was prepared by the Blackstone Wick Analytics desk and last updated 12:07 UTC.
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