The GBPUSD pair had a pretty difficult week despite some strong economic data from the UK and it was more of a choppy trading with a bearish bias in the pair rather than any kind of specific direction in this pair. We do believe that there is not much to be very optimistic about this … Continue reading GBP/USD Fundamental Analysis – week of August 21, 2017
The British pound fell significantly during the week, testing the 1.2850 level for support. Not only that, there is a potential uptrend line that dissects the market right there, so I think that the next candle could be rather important. Currently, it does look like for try to break down and if we do break … Continue reading GBP/USD forecast for the week of August 21, 2017, Technical Analysis
Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending August 15 on Friday.