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GBP/USD Forecast: buyers still surging on dips

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 21, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBP/USD pair trades lower this Monday, but recovered quite quick above the 1.4400 level after falling down to 1.4374. The strong rally seen over the past three weeks have came to a pause this Monday, with the price retreating from the psychological 1.4500 figure, and back below the 61.8% retracement of this year slide after a brief advance beyond it. The lack of macroeconomic releases in the UK will likely keep the Pound under pressure this Monday, but the rest of the week will be far more

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