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Thursday, April 13, 2017

[FOREX NEWS] GBP/USD capped at resistance, like UK living standards

GBP/USD is trading on higher ground thanks to the Trump Tumble but the move is somewhat limited. The pair has been rejected at 1.2565, the February 24th swing high. Cable’s technical behavior is quite impressive. So if the US dollar is falling because of Trump’s talk about the dollar being too strong, what is limiting the pound? [...]

The post GBP/USD capped at resistance, like UK living standards appeared first on Forex Crunch.



via Forex Crunch

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