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Intra-day Market Moving News and Views (GBP/USD)

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 30, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Intra-day Market Moving News and Views 30 Dec 2015 08:23GMT GBP/USD - ...... Although cable gained respite in Asian trading after yesterday's cross-inspired sharp selloff from 1.4913 to a fresh 8-1/2 month trough of 1.4786 and ratcheted higher on short-covering to 1.4844, renewed selling emerged ahead of European open and knocked the pair back down to 1.4813 in early European trading, suggesting downside bias remains for weakness towards said yesterday's temporary low later

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