Technicals on the chart.
Fundamentals:
We have season plays for GBP as June/July are the strongest months.
We have more pressure from Market for BOE to hike rates.
Data for UK is improving.
Deflation not a big deal.
CHF negative deposit rates, also SNB ready to intervene on a strong CHF.
Fundamentals:
We have season plays for GBP as June/July are the strongest months.
We have more pressure from Market for BOE to hike rates.
Data for UK is improving.
Deflation not a big deal.
CHF negative deposit rates, also SNB ready to intervene on a strong CHF.