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GBP/USD Forecast: bullish, 1.4410 eyed

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 12, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBP/USD pair's rally extends beyond the 1.4300 level this Tuesday, with the Sterling underpinned by better-than-expected inflation figures for March in the UK. Official data showed that the Consumer Prices Index rose by 0.5% in the year to March 2016, compared with a 0.3% rise in the year to February, while the core year-on-year reading printed 1.5%, compared to the previous 1.2% and expectations of a 1.3% advance. The pair now trades near past week high of 1.4322, and could extend

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