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GBP/USD Forecast: no directional strength

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBP/USD pair trades uneventfully around the 1.4500 level, unchanged ever since the day started and unable to react to market's improved mood. The dollar however, trades generally higher across the board, as during the Asian session, speculation that Japan will intervene further to weaken the yen sent the local benchmark, the Nikkei 225, up over 1,000 points. In Europe, stocks opened strongly higher, with the London FTSE 100 extending its Friday's advance; however, the GBP/USD pair remains

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