View RSS Feed

TheNews

British Pound Forecast

Rate this Entry
by , 04-24-2022 at 05:46 AM (421 Views)
      
   
Name:  gbpusd-h4-just2trade-online-ltd.png
Views: 105
Size:  17.9 KB

Slowing economic growth in the UK and bets that the Bank of England will not be as aggressive as the Fed during its tightening cycle are likely to weigh on GBP/USD in the near term. The intra-day and the daily price is on bearish breakdown by crossing symmetric triangle pattern to below for the primary bearish trend to be continuing.

more...

Submit "British Pound Forecast" to Google Submit "British Pound Forecast" to del.icio.us Submit "British Pound Forecast" to Digg Submit "British Pound Forecast" to reddit

Comments