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GBP/USD To Undergo A Correction

Discussion in 'Technical Analysis' started by Kaitlin, May 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Sterling overperformed on Tuesday, as it surged over the 1.46 level and closed at 1.4635. The bullish reaction was sparked by the TSC report yesterday, but today there is no impetus present that could cause the Cable to edge higher again. Even if bulls manage to push the Pound[​IMG]

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