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Fed and BoE interest rate hike – all eyes on the data? GBP/USD: Play the range

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    UK data warrants a rate hike, but will US macro numbers support the Fed rate view in December?. Watch today’s video with Ryan Littlestone, Director and Trading Analyst at ForexLive.com, as he speaks on the rate hike scenario in US and UK, the nonfarm payrolls release, and why GBP/USD remains a range play. GBP/USD: Sell into strength GBP/USD saw another test of 1.55 yesterday, and breaking above this will lead to further upside in the pair, notes Littlestone. He further adds that the cross

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