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GBP/USD Forecast: bears maintain the lead

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 16, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The British Pound is taking a breath after the sharp decline of this week, recovering from the low set at 1.4083 against the greenback. The GBP/USD bounced from the mentioned low ahead of London opening, and advanced up to 1.4134 following the release of the latest UK employment figures, better-than-expected. The unemployment rate hold steady at 5.1%, while wages inched higher, and less people claimed for unemployment benefits. Nevertheless the Sterling was unable to rally with the

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