GBP/USD – Is The Correction Over?

The first debate in the British Parliament came and went and perhaps the correction in GBP/USD followed.

Cable is hanging around 1.22 after a roller-coaster. The pair had already dipped to the 1.20 handle before climbing back up, but now it’s down.

With a dollar-positive outcome from the meeting minutes and ongoing worries about Brexit, there’s room for further fall.