zs00lt

GBPUSD rejected at 1,6162

Short
FX:GBPUSD   British Pound / U.S. Dollar
0
Even though we had an awful FOMC for USD bulls, we got an awful retail sales data this morning for GBP. I expect the GBPUSD to trade back to 1,5940-1,5890 in 2-3 days. Probably the Fed speakers scheduled for Friday will also help this move as they will no doubt try to counter-balance Bernanke's words.

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.