Tue, Sep 27, 2022 @ 04:14 GMT
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GBP/USD Analysis: Strengthened By Mark Carney

On the chart for the GBP/USD currency pair a surprise jump can be observed. The surge of the Pound was caused by comments made by the Bank of England Governor Mark Carney. The jump propelled the currency exchange rate through the resistance put up by the monthly pivot point at the 1.2903 level. Due to that reason it can be expected that the currency pair will continue the surge. However, the difference in the case of GBP/USD pair is that Mark Carney’s comments have still not been analyzed as much as those of Mario Draghi in regards to the Euro. The results of this factor can be observed on the charts. The GBP/USD pair, since the jump and reaching above the 1.2950 level, has remained rather flat near the 1.2930 mark.

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