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Pound Dips Below 1.31 as Fed Warms Up to Rate Hike

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    GBP/USD has posted considerable losses on Monday. Early in the North American session, the pair is trading at 1.3060. On the release front, British markets are off for a holiday. In the US, Personal Spending gained 0.3%, while Personal Income rose 0.4%, as both indicators matched the forecast. On Tuesday,[​IMG]

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