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GBP/USD To Remain Above 1.31 Today

Discussion in 'Technical Analysis' started by Kaitlin, Aug 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The GBP/USD currency pair retreated from its intraday gains on Friday and ended the day with a 53-pip loss, amid Fed Yellen's statement that there might be two rate hikes by year's end. However, despite this decline the Cable is expected to edge higher, as technical studies in the daily[​IMG]

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