1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

GBPUSD continues to march higher and has 1.45 in its sights

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

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,021
    Likes Received:
    1
    The small fundamental positives are all adding up to lift the pound Yesterday it was the draft UK/EU deal that helped the pound out. Today it's the services PMI. None of it was huge news that changes the current landscape regarding BOE monetary policy but put enough small bricks together and you start to build something bigger. Throw in some dollar weakness and we see why the upside is the path of least resistance right now.

    Read full forex technical analysis here
     

Share This Page