Sentiment study with Monte: navigating GBP/USD amidst central bank announcements
In this third episode of Sentiment study with Monte, we explore the GBP/USD and learn how IG client sentiment and CoT speculators' insights can guide your trading strategy for the FOMC and BoE meetings.
(Video summary)
In the upcoming week, the GBP/USD currency pair is set to experience significant market movements as two major central bank announcements approach. The Federal Open Market Committee (FOMC) will be making a crucial announcement regarding the US dollar (USD) on Wednesday, followed by the Bank of England (BoE) announcement for the British pound (GBP) on Thursday.
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