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GBP/USD Forecast September 15, 2017, Technical Analysis
Updated: Sep 15, 2017, 04:20 GMT+00:00
The British pound initially went sideways on Thursday, showing signs of hesitation before the Bank of England meeting. Although there was no interest rate
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The British pound initially went sideways on Thursday, showing signs of hesitation before the Bank of England meeting. Although there was no interest rate high, the Bank of England suggested that perhaps interest rate hikes could be coming soon. Because of this, the British pound gains significantly, and it now looks as if the markets are ready to continue going higher and drive the value of the pound towards the 1.34 handle, and beyond. I believe that short-term pullbacks are going to be buying opportunities as the British pound continues to outperform the US dollar.
GBP/USD Video 15.9.17
About the Author
Christopher LewisSenior Analyst
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
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