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GBP/USD Muted Ahead Of Payrolls Data

Discussion in 'Technical Analysis' started by Kaitlin, Jan 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The British currency was able to almost completely recover from its daily low yesterday, posting just a 12-pip loss over the day. Even though the 2015 low was only retested, a strong reading of the US Payrolls data today might cause the GBP/USD to drop to a fresh five-year low.[​IMG]

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