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Forex technical analysis: GBPUSD trades at new session lows

Discussion in 'Technical Analysis' started by ForexLive, Mar 22, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Brexit concerns leading to moves out of the GBP The GBPUSD remains under pressure following the Brussels tragic bombings and the lower than expected UK CPI this morning. Although the EURUSD is rebounded as the market adjusts to a "bombing over, go on" attitude (although that attitude could impact economic activity if they become more and more widespread), in the UK they have the Brexit referendum coming up, and swing voters may be swinging more to the "No EU" choice.

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