GBP/USD Downtrend
We saw today the Pound held up fairly well against the dollar, even when the Fed announced they will start tapering their bond purchases & mortgage backed securities.
Look for further falling price on GBP/USD.
The Bank of England rate is expected to rise.
On the Daily chart price is in a clear downtrend.
GBPUSD
Look for further falling price on GBP/USD.
The Bank of England rate is expected to rise.
On the Daily chart price is in a clear downtrend.
GBPUSD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.