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GBP/USD Forecast: Above 1.53, bulls remain in control, eyes UK core inflation

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The GBP/USD pair ran into offers as it moved closer to Friday’s high, but managed to close at 1.5346 levels. The Bank of England’s (BOE) Weale talked about the UK productivity, but refrained from making any specific comments regarding the monetary policy. Meanwhile, fed officials once again made an effort to talk up the 2015 rate hike bets. But, again markets hardly responded. Moreover, even the voting members of the Fed are unable to agree on the timing of the liftoff. The pair fell to a low

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