GBP/USD has surged around 1% today as the buyers force price action to come back to the “crime scene”. Today’s close will also form a bullish engulfing candlestick pattern, which represents one of the most clear-cut price action signals in the currency market. Fundamental analysis: Consumers remain pessimistic According to the latest market data from Markit, the UK consumers remain pessimistic about the state of their finances in June. The UK household finance index surged to 40.7 in June from 37.8 in May, but still below the pre-virus levels around 45.0. “It is reassuring to see the UK Household Finance
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