GBP/USD In Tight Range Between 1.2950 And 1.30

Discussion in 'Technical Analysis' started by Kaitlin, Sep 30, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    On Thursday the British Pound weakened against the US Dollar, amid a better-than-expected reading of the US GDP. Basically, the GBP/USD currency pair has been consolidating since the beginning of the week, while holding above the 1.2950 level for more than two weeks. Consequently, a bearish development seems unlikely, but[​IMG]

    Continue reading...

Share This Page

free forex signals