GBP/USD Attempts To Recover From Monday's Losses

Discussion in 'Technical Analysis' started by Kaitlin, Dec 15, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The British currency experienced a rather sharp sell-off on Monday, amid remarks of the BoE official concerning poor nominal wage growth. Higher losses were prevented by the second support cluster around 1.5130, also keeping the pair afloat today during the Asian session. In case the weekly PP and 20-day SMA[​IMG]

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