GBP/USD Forecast February 5, 2016, Technical Analysis

The GBP/USD pair had a volatile session on Thursday, but ultimately pull back a little bit to form a somewhat neutral candle. The momentum ran out, but that’s not a huge surprise considering that today is Nonfarm Payroll Friday in the United States. With that being the case, the market looks as if it is going to try to make a decision today. A break above the top of the candle for the Thursday session is a buy signal, but then again a break down below the 1.45 level is a sell signal. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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