GBP/USD Technical Analysis: Neutral Performance

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GBP/USD Technical Analysis: Neutral Performance
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Pullbacks will remain an opportunity to buy the GBPUSD forextrading forextrader trading

The currency pair's gains were halted after ceasefire violations and related events in eastern Ukraine, which raised market concern about the risks of conflict in Europe and triggered a reversal for riskier currencies.

The first date in the UK calendar this week is the release of IHS Markit surveys of key economic sectors on Monday which could provide an additional indication that the UK economy has weathered the Omicron variant of the coronavirus in a resilient manner, although one of the highlights of the week was the Parliamentary appearance of the BoE Governor Andrew Bailey and colleagues Wednesday afternoon.

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