Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

GBPUSD Is Close To Important Crossroads

Discussion in 'Technical Analysis' started by Kaitlin, Mar 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,794
    Likes Received:
    0
    Bad inflation data is weighting on the GBPUSD pair (0.3 vs 0.4 expected) and that could possibly mean no rate hike anytime soon and it caused a deeper retracement in the price. Technically we can see an uptrend on H4 time frame and the price is reaching deeper[​IMG]

    Continue reading...
     

Share This Page

Trade indices Online