GBP/USD Forecast: Consolidating gains above 1.5200

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 13, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The British Pound trades in positive territory against its American rival, having recovered above 200 pips this week, after falling down to 1.5026 last Friday, following the release of the latest US employment report. The UK macroeconomic calendar has been pretty light this week, exception made by the release of mixed employment data last Wednesday, which did little for the Pound at the moment. Anyway, the pair has stalled at a major resistance, at 1.5250, still the level to break through, to

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