Market Watch – GBPUSD Forecast 7-12th September 2014

Published by on September 6, 2014 | 0 Comment

The pound got simply hammered by the dollar in the last month. Following the impressive rally that characterized this currency in the 2014 this can be see as a major correction.

Chart

We closed the week just above a significant support line and considering the likelihood of a dollar correction we could expect a healthy bounce in the GBPUSD pair.

Further details are discussed in my video:

Good luck trading!!

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