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GBPUSD shakyahead of US GDP report

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 22, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBPUSD remains under extreme pressure below 1.50 from an appreciating Dollar, while the impact of the Federal Reserve’s historic decision to raise US rates for the first time in almost a decade has depressed prices further. This pair is heavily bearish and with sentiment towards the Sterling facing abrasion from the Bank of England’s clear reluctance towards raising UK interest rates, the GBPUSDis vulnerable and open to further losses.Investor attraction towards the pound continues to

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