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GBP/USD Forecast: increasing bearish pressure

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 26, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBP/USD pair remains under selling pressure, with the Pound having been unable to attract buyers, despite a review of the 2016 GDP previous last Wednesday. Overall, market players are disappointed of the latest BOE's members comments, suggesting that a rate hike will be delayed beyond the first half of 2016. There's no macroeconomic data scheduled for this Thursday in the UK, albeit on Friday, the kingdom will release a first revision of the Q3 GDP readings, and some housing data that

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