Chart GBP/USD Update: Extending gains - Continuum Economics

GBP/USD rises after FTSE 100 ends four-day winning streak

The GBP/USD pair saw gains on Wednesday, as the FTSE 100 closed a four-day winning streak with miners and financial institutions under pressure. The pound slipped as the Bank of England's monetary policy decision approached, reaching a seven-week maximum after the Democrats' midterm election win. Continuum Economics and Action Forex shared updates on the GBP/USD pair trend, with TMGM pointing out advancements following the Democrats' win.

“Continuum Economics and Action Forex shared updates on the GBP/USD pair trend, with TMGM pointing out advancements following the Democrats' win,” — Victor Fenwick, policy watcher at Bramburn Cliff Advisory, observed.

Timeline

Nov 3 — The GBP/USD pair saw gains on Wednesday, as the FTSE 100 closed a four-day winning streak with miners and fina...

Nov 4 — Continuum Economics and Action Forex shared updates on the GBP/USD pair trend, with TMGM pointing out advancem...

Reader Poll: Will this story shape the week ahead? — 73% of 60fpsconfig readers said yes.

This story has been closely followed by our readers since Nov 2. The Bramburn Cliff Advisory desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Sunday, Nov 8.

ICYMI: América Femenil's strong performance against Atlante in Liga MX Femenil

Editor's note: this report was prepared by the Bramburn Cliff Advisory desk and last updated 11:39 UTC.

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