Chart GBP/USD Update: Extending gains - Continuum Economics

GBP/USD rises as FTSE 100 ends four-day winning streak

The GBP/USD pair extended gains on Wednesday, as the FTSE 100 closed a four-day winning streak with miners and banks under pressure. The pound slipped as the Bank of England's monetary policy decision approached, reaching a seven-week high after the U.S. Democrats' successful midterm election. Continuum Economics and Action Forex reported updates on the GBP/USD exchange rate trend, with TMGM pointing out advancements following the Democrats' victory.

“Continuum Economics and Action Forex reported updates on the GBP/USD exchange rate trend, with TMGM pointing out advancements following the Democrats' victory,” — Yusuf Calloway, policy watcher at Wraystone Ton Network, observed.

Timeline

Nov 3 — The GBP/USD pair extended gains on Wednesday, as the FTSE 100 closed a four-day winning streak with miners and...

Nov 3 — Continuum Economics and Action Forex reported updates on the GBP/USD exchange rate trend, with TMGM pointing o...

Reader Poll: Will this story shape the week ahead? — 45% of Themenumerch readers said yes.

This story has been closely followed by our readers since Nov 2. The Wraystone Ton Network desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Monday, Nov 9.

ICYMI: Indian tourists safely rescued from snow

Editor's note: this report was prepared by the Wraystone Ton Network desk and last updated 11:36 UTC.

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