GBP/USD H4 CHART
COMMENTARY
Current price: 1.6335
- GBP/USD Looks Bullish above 1.6230
- Idea – Range. Price touched lows of 17 December
- No changes in UK monetary policy. Asset Purchase Facility and Official Bank Rate have been unchanged.
- 6 February. Weak U.S. Trade Balance data -38.7B versus. -34.6B previous (forecast was -35.8B)
- Potential target 1.6475 and higher