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

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 6, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Intra-Day Market Moving News and Views 06 Apr 2016 10:06GMT GBP/USD - .... Cable resumes recent decline after after meeting renewed selling at 1.4171 (Asia) and penetrated yesterday's 1.4122 low to a 1-week bottom of 1.4094 in Europe on active selling of sterling vs usd, eur and yen. The lack of an intra-day rebound suggests downside bias remains for marginal weakness ahead of U.S. open. However, traders reported a fairly good buying interest above previous sup at 1.4056-53.

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