GBP/USD Forecast June 15, 2016, Technical Analysis

The GBP/USD pair fell during the course of the day on Tuesday, testing the 1.41 level. We did not break down below there though, and as a result I think that this was a difficult day to trade. We will be trading based upon pull results coming out of the United Kingdom, and of course the FOMC Statement coming out today in the United States. In other words, this could be a very volatile and dangerous place to be today. With that being the case, I feel much better sitting on the sidelines and trading other pairs at the moment. - 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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