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GBP/USD Forecast: bleeding continues

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 23, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The British Pound is so far unable to find a bottom this week, having been under continued selling pressure ever since it started. The decline of the UK currency has been largely blamed on Brexit fears, fueled on Tuesday by terrorist attacks in Brussels. But poor inflation data has fueled the decline on Tuesday, yet macroeconomic figures have been for the most soft ever since the year started, indicating a slowdown in the local economy. The GBP/USD pair trades near its daily low, set with the

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