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Sterling gains ahead of super Thursday

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Global Markets The Sterling pounced to fresh three-week highs at 1.4648 against the Dollar during trading on Wednesday following the unexpected acceleration inUK services PMI for January which boosted optimism towards the UK interest rate outlook for 2016. Pound bulls salvaged the opportunity to achievefurther dominance against the USD after a tepid US ISM Non-Manufacturing report trimmed the likelihood that US rate may be increased in March. Although the impressive UK services report did

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