British Pound: Eyes near key moving averages versus US Dollar – Societe Generale
Societe Generale strategists observe that GBP/USD (Cable) selling has stalled as UK political uncertainty persists, with Prime Minister Starmer facing a potential leadership challenge.
The GBP/USD may experience increased volatility due to ongoing political uncertainty, potentially leading to a bearish trend if leadership challenges escalate. However, if stability is perceived, a bullish reversal could occur.
Societe Generale strategists observe that GBP/USD (Cable) selling has stalled as UK political uncertainty persists, with Prime Minister Starmer facing a potential leadership challenge.
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