GBP/USD Forecast: GBP under pressure as the FOMC minutes could reinforce rate hike bets

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The GBP/USD turned higher from the low of 1.5154 after the data in the UK showed the core inflation ticked higher in October. The spot rose back to 1.52 in early US session and clocked a high of 1.5238 before falling back to 1.52 levels in Asia today. FOMC minutes to boost Dec rate hike bets

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