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GBP/USD attempts to regain the bullish momentum

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD approaches support cluster at 1.08 “China worries calmed down, pushing up the dollar higher. Excessive worries have receded. If crude oil prices regain much ground, the dollar may rise a bit more. But such a gain is still uncertain and investors still remain nervous.” - Tokyo Forex & Ueda Harlow (based on Market Watch) Pair’s Outlook Yesterday neither bulls nor bears managed to gain control over the EUR/USD cross, meaning the exchange rate ended American session

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