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GBP/USD Forecast: Pound poised to advance

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 9, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBP/USD pair recovered the 1.4200 level during the European morning, having recovered from a low set a 1.4176 at the beginning of the day, led mostly by a weaker greenback. Data coming from the UK is helping the Sterling to tick higher to fresh daily highs, as Industrial Production is estimated to have increased by 0.3% monthly basis, below market expectations but reversing the negative readings of the previous month. Manufacturing in the same period rose by 0.7%, against the

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