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GBP/USD Forecast: Weak core CPI would open doors for re-test of Nov low

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The GBP/USD pair remained stuck in the range of 1.5180-1.5230 on Monday as the markets remained resilient to the Paris terror attacked. Gold prices did tick higher and so did the Japanese Yen in Asia, however, the safe haven gains were quickly reversed by the time European session was underway. The economic calendar was empty, leaving the GBP/USD pair at the mercy of the overall demand for the US dollars. Eyes UK CPI The October UK inflation numbers are due for release today. The consensus

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