IFCmarkets/Forex-Latest-News
FOMC Holds Monetary Policy Unchanged, Osborne Cuts Growth, Yen Weakens on Kuroda
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FOMC Holds Monetary Policy Unchanged, Osborne Cuts Growth, Yen Weakens on Kuroda
Intraday bias for the GBPUSD pair is to the upside continuing the reaction from more than 2 ½ year lows at 1.4824. Prices were limited by 23.6% Fibonacci level at 1.5171, consolidating just below that for the last four trading sessions. Oscillators fell to oversold levels at price's lows and the correction was the normal path.
Cyprus Rejection Heavies Euro, Sterling Recovers on Improve Jobs Data, FOMC Eyed