GBP/USD Forecast: looking more and more constructive

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 3, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The British Pound advances to fresh three week highs against the greenback, having reached so far 1.4461, backed by broad dollar weakness and a solid UK services PMI report for January, which showed that the sector grew beyond expected, posting 55.6 against the 55.5 previous. Ahead of the release of the US ADP private survey and the official and Markit services PMIS, the pair maintains its positive tone, although the advance is being quite painful, given that strong selling interest opposed to

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