Talking Points:
– British Pound now top performer on the week.
– Gains building on yesterday’s BoE Quarterly Inflation Report.
– GBPUSD nears resistance as GBPAUD breakout takes shape.
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The British Pound’s impressive run continues after the breakout last week versus the US Dollar. Pound strength is spreading, and a near-term pause might offer an opportunity to look for further gains.
— Written by Christopher Vecchio, Currency Analyst
To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com
Follow him on Twitter at @CVecchioFX
Source: Daily fx
