GBP/USD Forecast: bullish above 1.5085

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 4, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The British Pound holds to its recent gains against the greenback, recovering the 1.5100 figure after correcting the overbought conditions achieved last Thursday. The pair added over 200 pips following the dollar's sell-off triggered by Mario Draghi soft extension of QE, and the downward corrective move has met buying interest at 1.5084, now the immediate support. With no data scheduled in the UK, all of the market's attention is centered in the US Nonfarm Payroll report, to be released in a

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