Elliot_Myers

GBP/USD Forecast For Re-test of 1.44

FX:GBPUSD   British Pound / U.S. Dollar
Price action heads towards 1.44 for a test or the daily trend line and resistance at 1.44.

Looking ahead we have BOE governor Mark Carney speaking on Tuesday and UK Manufacturing data out Wednesday and both can be seen as catalysts events to drive price above 1.44 or back down.

Look out for each news event as equally appealing trading opportunities are likely to be open up on both sides of the market.
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