GBP/USD Forecast: Watch out for recovery in last two trading days of the week

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 25, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBP/USD pair is trading in the sideways manner in the range of 1.39-1.3960 since the early NY session yesterday. The bears appear to be on the sidelines after having pushed the pair lower by more than 500 pips in the first three trading days of the week. 500-pip fall The fall began from 1.44 levels in early Asia on Monday after London Mayor switched sides in favour of Brexit. The heightened fears that Britons may vote against EU membership also saw major ratings agency talk about a

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