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FX_TraderUK
Mar 29, 2016 5:18 PM

Go Long on GU 

British Pound/U.S. DollarFXCM

Description

Go Long on GU with target of 1.44 and then 1.45

USA Inflation will be under 2% for remainder of 2016 and there is no way Fed will hike rates because of this and for this reason it will be impossible for them to hike rates.

Dollar appreciation also slows down world economy so it is in the best interest of USA to keep interest rates low or actually go back on the last hike.
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