Title: Cable Bounces as Sunak is Sworn In!
Post by: PocketOption on Oct 25, 2022, 11:17 am
Post by: PocketOption on Oct 25, 2022, 11:17 am
Cable Bounces as Sunak is Sworn In!
Source: Cable Bounces as Sunak is Sworn In! (https://www.orbex.com/blog/en/2022/10/cable-bounces-as-sunak-is-sworn-in)
Cable has been steady at the 1.13 handle as news broke that Rishi Sunak will be the next Prime Minister.
Investors bet that he could restore confidence and credibility that the country lost under Liz Truss' disastrous rule.
Time will tell if the new government can lift Britain out of its financial hole.
Timestamps
GBPUSD 01:45
EURUSD 03:10
Test your strategy on how the GBP will fare! Open your Orbex Account and start trading now.
The post Cable Bounces as Sunak is Sworn In! appeared first on Orbex Forex Trading Blog.
Source: Cable Bounces as Sunak is Sworn In! (https://www.orbex.com/blog/en/2022/10/cable-bounces-as-sunak-is-sworn-in)