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Market Morning Briefing

Discussion in 'Technical Analysis' started by Kaitlin, Aug 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Pound (1.3131) made an intra-day low of 1.3098 after the BOE cut rates by 25bps to 0.25%, as expected. 1.3050-1.3375 could be the region of trade for at least the next couple of weeks. Unless 1.34 breaks on the upside, it is difficult to look for a rise just now.[​IMG]

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