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GBP/USD Outlook Dec. 10-14

From forexcrunch.com

GBP/USD remained unchanged over the week, closing at 1.6032. The highlight of the upcoming week is Claimant Count Change. Here is an outlook of the upcoming events, and an updated technical analysis for GBP/USD. UK data was uneventful last week, as PMI numbers were close to the estimates. As well, the BOE made no changes to either QE or the key lending rate, and the pound had a very quiet week. GBP/USD graph with support and resistance lines on it. Click to enlarge: BOE Governor Mervyn King Speaks: Monday, 17:15. Governor King will be delivering remarks to the Economic Club in New York. A speech which is more hawkish ... (full story)

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