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Main » 2018 » May » 14 » Forex forecast GBP / USD at today 14/05/2018: Currency UK waiting for a slight decrease
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Forex forecast GBP / USD at today 14/05/2018: Currency UK waiting for a slight decrease

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Pound Dollar forecast pair GBP / USD today 14/05/2018
 

The last six trading days the GBP / USD pair is trading in the flat and now can see no reason to change the trend, since today there is no important events in the calendar. 

 

 

 

 

The credit markets observed decrease in yield spread on 10-year UK government bonds and the United States, which is negative for the pound. Another reason for the decline of the British currency quotes - it is in the oil market correction, as the pair GBP / USD is correlated with Brent oil. In view of these factors, I expect a moderate decline in the pound during the day.

 

 

 

 

Aleksandr Goryachev

Company analyst FreshForex
 

 

 

GBP / USD recommendation: Sell 1,3570 / 1,3590 and take profit 1,3540.

 

 

Views: 9 | Added by: mik | Rating: 0.0/0
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