WTI oil still below $30

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 17, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The Pound has performed completely in line with expectations since the week commenced with the Pound/Dollar suffering heavy losses after tumbling all the way from 1.45 to 1.42. We expected heavy pressure on the Pound/Dollar this week after the currency pair failed to close above the 1.4550 level late last week, with this being what technical traders like myself have used as a possible pivot point to predict the next possible direction for the currency pair. We think that the Pound might now

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