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GBPUSD Plunges To Near Six Year Lows

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 8, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Sterling bears received ample encouragement during trading on Thursday with the GBPUSD collapsing to a fresh five-year low at 1.4530 as expectations of a UK rate hike in 2016 rapidly diminished following the meek outlook for the domestic and world economies. Sentiment towards the Sterling remains heavily bearish and recent[​IMG]

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