Last Monday we looked at a weak British Pound ahead of the June rate decision at the Bank of England. At the time, there was little to get excited about on the bullish side of the currency, as continued complications with Brexit negotiations were combined with what had become a dovish Bank of England to bring to question the potential for strength in GBP. The Bank of England was getting less enthusiastic about the prospect of rate hikes as British inflation continued to fall from the 3% prints of last year. We had looked at the prospect of bearish breakouts in GBP/USD, plotting a move towards Fibonacci support at ... (full story)