Sunday, 10 July 2016

GBPUSD could retrace to 1.32 ahead of an important week

Daily Forex Market Preview, 11/07/2016
GBPUSD is likely to see a retracement back to 1.32 level ahead of the inflation report hearing and the BoE meeting this week. The falling wedge pattern on the 4-hour chart is indicative of a short term correction to the upside with 1.32 level in focus...
GBPUSD could retrace to 1.32 ahead of an important week
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Usman
Forex News

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