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

    Sep 2, 2015
    Likes Received:
    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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