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UK interest rate unlikely to increase till end 2016

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US Dollar Highlights Sterling Dollar exchange on a downward trend UK interest rate unlikely to increase till end 2016 Janet Yellen has stated that a US interest rate hike in December is a live possibility Sterling - US Dollar (GBPUSD) FX Technical Analysis The Sterling Dollar exchange rate has been in a clear downtrend since the beginning of June and this trend looks set to continue for the rest of the year. In November we saw a high of 1.5400 and currently the psychologically important level

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