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GBP/USD: do not expect a steeper recovery ahead of BoE – FXStreet

By : Mex Group

GBP/USD: do not expect a steeper recovery ahead of BoE - FXStreet

13 September 2016, 23:12

Valeria Bednarik, chief analyst at FXStreet explained that the GBP/USD pair plunged to a fresh 2-week low of 1.3166, as Pound bulls reacted negatively to weaker-than-expected UK inflation figures.

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

S3S2S1R1R2R3
1.3156633774439 1.3169266780217 1.3186233441034 1.3215833107630 1.3228466113408 1.3245432774225

Trend IndexOB/OS Index
Bearish Neutral