GBP/USD Tests Water Under 1.43 Ahead Of Labour Data

Discussion in 'Technical Analysis' started by Kaitlin, Feb 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Yesterday disappointment in UK's inflation outlook pushed the GBP/USD significantly lower, with the four-week up-trend failing to hold the losses. The Sterling is expected to recover after such a gradual fall, as technical indicators are once again giving bullish signals. Lower unemployment is to boost the Cable, with the closest[​IMG]

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