Adamonics

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GBPUSD: The Cable Turns at the Channel: A decisive moment for GBPUSD
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GBPUSD, D Long
The Cable Turns at the Channel: A decisive moment for GBPUSD

There has been a 12 month uptrend in the GBPUSD. Fundamental analysis suggests strong Sterling recovery against the backdrop of a resilient service-sector biased economy. Since September 2013 the rise has been constrained in a relatively firm channel. That said, July has been a month of cascading prices. Many attribute this to a number of negative reports. ...

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