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GBP/USD inter-market: Sell the rallies ahead of BOE?

By : Mex Group

GBP/USD inter-market: Sell the rallies ahead of BOE?

13 September 2016, 13:31

GBP/USD finally broke the overnight consolidation phase to the downside during the European session this Tuesday, and came under aggressive selling pressure following the release of a tad weaker UK CPI figures, which markets used as an excuse to sell the bounce witnessed a day before.

GBP/USD 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
1.3257666826248 1.3277733325958 1.3289366960525 1.3321067094802 1.3341133594512 1.3352767229080

Trend IndexOB/OS Index
Bearish Neutral