GBP/USD Forecast March 29, 2017, Technical Analysis

The GBP/USD pair initially tried to rally during the day on Tuesday, but turned around to form a very bearish candle. It looks as if were going to test the 1.25 handle, and if we can break down below there the market should then reach towards the 1.24 handle. A supportive candle could also turn around the market and make us go looking for the 1.26 handle. The volatility should continue, as the article 50 will be triggered soon. However, I think that most of the negative momentum has been priced in. - 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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