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Forex pairs in this Article » EUR/USD, GBP/USD (London) - Strategists at TD Securities noted that GBP/USD has been well supported against a softer USD to start the week.

Key Quotes:

“… the tone for the pair is overall consolidative ahead of a speech by BoE Governor Carney at 12:15PM ET today”.

“This will be his first full speech since the BoE improved its growth outlook in the November inflation report, so expectations are for some slightly rosier language”.

“Several Fed speakers this afternoon may also play into GBP/USD price action”.
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