GBP/USD Forecast November 30, 2016, Technical Analysis

The GBP/USD pair rallied at the open on Tuesday, testing the 1.25 handle. This is a market that continues to see a lot of volatility in this area, and as a result I think it can be difficult to trade this pair. I prefer selling, at least from a longer-term perspective, but quite frankly it’s been so noisy I’m going to continue to sit on the sidelines until we get a significant move in one direction or the other. Until then, I think it’s probably easier to trade the British pound against other currencies. - 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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