Boris Johnson withdrew from the PM race, putting Rishi Sunak ahead. Britain’s finance minister, Jeremy Hunt, formerly endorsed Rishi Sunak. Investors will pay attention to the UK PMI data coming out later today. Today’s GBP/USD outlook is bullish as calm returns to UK markets. In early Monday trading, the pound gained more than half a … Continued
The post GBP/USD Outlook: Bulls Dominating above 1.13 in Wake of UK PMI appeared first on Forex Crunch.