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The GBP/USD pair advanced up to 1.4282

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    EUR/USD The American dollar edged lower across the board as local data disappointed. The personal income and spending report came in mixed, showing that data beat expectations for February, but January's numbers were revised negatively. The all important PCE inflation number was a huge disappointment, with the headline reading monthly basis down by 0.1%, while the core number came in at 0.1% against previous 0.3%. Also, the Goods Trade Balance posted a larger than expected deficit, of $63.0B.

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