GBP/USD Forecast: holding on to gains, 1.4520 at sight

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 14, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBP/USD pair corrected slightly lower at the beginning of the London session, but quickly recovered and trades in the 1.4370 region, as the dollar is out of investors' favor in a risk appetite environment. The Pound will see little action until this next Wednesday, when the UK will release its latest employment data. Wages are expected to have rose, while the number of unemployment people is expected to have continued decreasing, which should result in an even stronger Pound. From a

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