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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 3, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The US Dollar regained strength after yesterday's stronger than expected ADP employment change data. GBP/USD fell to a fresh 8-month low at 1.4894. It bounced from there, but only managed to recover to 1.4950 before heading lower again. The next notable support level is 1.4856, which is the mid-April low,[​IMG]

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