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GBP/USD Forecast: bullish potential intact

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 19, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The GBP/USD pair trades slightly higher, but within its latest range, hovering around the 1.5445 level, the 61.8% retracement of its latest weekly decline. There have been no fundamental releases in the UK since last Wednesday, when mixed employment data showing a nice growth in wages, sent the pair above the afore mentioned level. The macroeconomic calendar will remain empty until next Thursday, when Britain will release its latest Retail Sales figures, which means the GBP will likely

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