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GBP/USD Plummets Under 1.32

Discussion in 'Technical Analysis' started by Kaitlin, Aug 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    A more dovish tone from the BOE pushed the price further away from 1.3350 and below 1.32, which we expected to hold. Nevertheless, support at 1.31, which played an important role in the second half of July, remains intact, meaning that if not a full-blown recovery, there is likely to[​IMG]

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