GBP/USD pair reached 1.4189

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    EUR/USD Following a slow start of the day, investors entered in USD selloff mode early in the American session, following a series of disappointing macroeconomic figures in the largest world's economy. Things were not better in Europe, as the services PMI in Germany and the euro area have bettered the preliminary readings for the month of February resulting at 55.3 and 53.3 respectively, whilst the EU Retail Sales surpassed initial forecasts during January, expanding 0.4% on a monthly basis

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