GBP/USD Weekly Forecast: BoE Hawks vs UK Reopening Concerns – UAG Trade Asia

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May 31, 2021

GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.

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High Risk Investment Warning: Trading foreign exchange and/or contracts for differences on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by UAG Trade Asia you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. UAG Trade Asia provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. UAG Trade Asia recommends you seek advice from a separate financial advisor.

Legal: UAG Trade Asia Co., Ltd is incorporated in Cambodia with registration number 00031021 and registered office address at No. A10, Village 1, Sangkat Sras Chork, Khan Daun Penh, Phnom Penh City, Cambodia. The objects of the Company are all subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act.

High Risk Investment Warning: Trading foreign exchange and/or contracts for differences on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by broker you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. UAG Trade Asia Co., Ltd provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. UAG Trade Asia Co., Ltd recommends you seek advice from a separate financial advisor.

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