Gbp/Usd is in danger of falling much further
On the daily chart we find that Gbp/Usd has broken below April 2015 lows of 1.4580
1.45 remains now only as a psychological level
if it does not hold - then the next technical level is around 1.42 - another substantial way lower!
Fundamentally, much like Usd/Jpy, the move lower does not make any sense:
projections and economic data are better, and Gbp should be moving up like Eur/Usd
Maybe a lower level is required, though ... we shall see
I will temp…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –