Currency Analyst since 2010

GBP/USD fell below $1.5500

GBP/USD is testing levels to the downside. Pound hit $1.54547 before returning to $1.5560 at the moment of writing. Pound has already lost more than 70 pips today. Support is at $1.5420, $1.5400 and $1.5370. We’re thinking that there’s a risk of sell the rumor/buy the fact scenario.

It seems that the speech of the Bank of England’s Governor Mark Carney will take place an hour later than expected (at 12:45 GMT).

Here you can watch the speech live.

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