Above is our current outlook for the Pound against the US Dollar. Although GBP is subject to extreme volatility in light of it's recent fundamental state, we forecast a rejection off the 1.30 resistance followed by a potential rise. In the longer term we do see price retracing/returning back to the 1.26-1.27 region.
Above is our current outlook for the Pound against the US Dollar. Although GBP is subject to extreme volatility in light of it's recent fundamental state, we forecast a rejection off the 1.30 resistance followed by a potential rise. In the longer term we do see price retracing/returning back to the 1.26-1.27 region.