GBP/USD Attempts To Remain Above 1.32

Discussion in 'Technical Analysis' started by Kaitlin, Jul 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The GBP/USD currency pair remained relatively unchanged yesterday, having inched only 24 pips higher, amid mixed UK fundamental data results. However, the Cable opened on top a relatively strong support, represented by the 20-day SMA and the weekly PP, which should keep the Pound elevated. Even with better-than-expected fundamentals today,[​IMG]

    Continue reading...

Share This Page

free forex signals