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GBP/USD Attempts To Begin Recovery

Discussion in 'Technical Analysis' started by Kaitlin, Apr 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Fears of a 'Brexit' kept weighing on the British Pound on Wednesday, but a rather dovish FOMC statement helped the Cable to erase most of intraday losses. As a result, the GBP/USD pair remained above the 1.41 major level. The Sterling is now expected to undergo a correction, but the[​IMG]

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