Jump to content

Market News

  • entries
    2,439
  • comments
    317
  • views
    3,231,801

Contributors to this blog

About this blog

Entries in this blog

British Pound (GBP) Price Outlook: GBP/USD Sliding Towards Support as UK GDP Disappoints

GBP PRICE, NEWS AND ANALYSIS: GBP/USD is edging closer to a support line connecting the lower lows in place on the daily chart since late May. It has not been helped by either a stronger US Dollar after yesterday’s hot US inflation numbers or by a mixed bag of UK GDP data released earlier in this session.   GBP/USD WEAKENING GBP/USD is edging lower towards support from the downward sloping channel that checks in currently around 1.3315. If that should break, the pair

MongiIG

MongiIG in Market News

×
×
  • Create New...
us