GBP/USD had a quiet week, closing at 1.5178. The upcoming week is a busy one, with 11 events on the schedule. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD.
In the US, the NFP report was a huge disappointment, ending the trading week on a sour note. This helped the weak pound hold its own last week. In the UK, Construction PMI beat expectations.
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