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Forex Forecast: GBP/USD still trading heavy, bearish below 1.50

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s forex forecast, we offer the outlook for GBP/USD and EUR/GBP with Steven Woodcock, Senior FX Analyst at Plutus FX, along with Zak Mir, Technical Analyst at Zak’s Traders Café, and Bill Hubard, Chief Economist at Bullion Capital. Speaking on rates, Woodcock says that he doesn’t see interest rates going higher anywhere anytime soon. GBP/USD: Still ranging Woodcock notes that GBP/USD remains heavy but within its range, but the cross has come under some fresh pressure recently. Woodcock

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