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GBP/USD Forecast: struggling around 1.5000

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 16, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The Sterling fell on the back of a mixed UK labour report, with the GBP/USD falling below the 1.5000 level and now hovers around it, maintaining a heavy tone. The number of unemployment people in the UK grew more than expected in November, up to 3.9K from a previous 3.3K, although the economy added 207K new jobs in the three months to October. Wages resulted weaker-than-expected in October and far below the previous readings, being the main reason behind the Pound's decline. Anyway, investors

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