Dear friends, GBP/USD has risen above 1.2500 and played a significant role in continuing its upward trend, reaching its highest level since the beginning of September, around 1.2550. The comments from policy makers at the Bank of England (BoE) regarding policy prospects may influence the movement of this currency pair in the near future. At the time of writing, the price is trading below the key level of 1.2550, so it would not be surprising if, in the short term, the price retraces to test …

Shares: