The Traderszone Network

Published in TZ Latest News 4 July, 2017 by The TZ Newswire Staff

Forex technical analysis: GBPUSD trades near low/support.

Tests post Carney corrective low
Last week, BOE Carney surprised the market with some hawkish comments that sent the GBPUSD sharply higher. The corrective low on that day reached 1.2915. The low today reached 1.29125.  We currently trade at 1.2920.  Is the market watching that level?  It seems that way. Stay above is more bullish. Move