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Quiet GBP/USD Today, Will Uptrend Continue?

Money Mind - Forex


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Old 02-05-2012, 05:41 PM
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Default Quiet GBP/USD Today, Will Uptrend Continue?

On Tuesday Pound/Dollar decreased insignificantly with 70 pips. The Cable depreciated from 1.6254 to 1.6185 yesterday, in converse with the positive Interbank sentiment at under +22%, closing the day at 1.6218. Today the British Pound is trading quietly, with movements within yesterday's range for the time being.

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