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GBP/USD struggles to regain bullish momentum

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD risks correcting lower from 1.0930 “If volatility is sustained over a period of time, it’s likely to decrease the odds of further Fed rate hikes, at least at the pace that the market’s pricing in, and that’s obviously negative for the dollar.” - Commonwealth Foreign Exchange Inc. (based on Bloomberg) Pair’s Outlook EUR/USD created a classical long lower shadow candlestick during the session on Friday. It indicates that short traders controlled the pair, but then lost

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