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GBP/USD Rallies But US Data, BoE May Throw the Spanner in the Works

Discussion in 'Technical Analysis' started by Kaitlin, Feb 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    So weak has the dollar been this week that even the GBP/USD has managed to regain its poise. Clearly, traders are no longer expecting the US Federal Reserve to embark on an aggressive tightening cycle after the central bank had hinted in December at several more interest rate rises when[​IMG]

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