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GBP/USD In Limbo Before UK Public Sector Net Borrowing

Discussion in 'Technical Analysis' started by Kaitlin, Nov 21, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The GBP/USD reached as high as the 200-day SMA on Thursday, but lost some of the gains and closed under 1.53. Today the Cable is stuck in tight range between the 20 and 55-day SMAs and might maintain trade within this area today due to lack of market movers. A[​IMG]

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