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GBP/USD keeps edging closer to wedge's support

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD depreciates after Fed hiked rates “The Fed created some balance between expectation for higher rates in 2016 with a dovish overtone regarding the ‘gradual’ pace. That’s why you’re not seeing a stronger rally on the greenback.” - Silicon Valley Bank (based on Bloomberg) Pair’s Outlook EUR/USD registered a mild decline on Wednesday, just after the Fed announced a decision to raise the key interest rate. Thursday trading, however, proves to be much more active from the

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