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Cable getting hit by US dollar strength now, nears weekly low

Discussion in 'Market News' started by ForexLive, Feb 26, 2016.

  1. ForexLive

    ForexLive Forum Member

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    GBP/USD back below 1.39 If it's not a Brexit that hurting cable, it's the other side of the equation. The broadly stronger US data gave the dollar a broad lift and knocked the pair below yesterday's low and down to 1.3886. The weekly low (and long-term low) is 1.3877, set on Wednesday.

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