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GBP/USD Technical Overview Ahead of UK & U.S Data

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FxGrow Daily Technical Analysis – 30th June, 2017
By FxGrow Research & Analysis Team

GBP/USD Technical Overview Ahead of UK & U.S Data


GBP/USD extended the rising trend with +15 pips addition to yesterday's high 1.3015. The Cable is still boosted by positive recent fundamentals with Carney's hawkish tilts taking center stage. The pair awaits major data both from UK & U.S with expectations of high price action. Currently the pair is trading 1.2990 intraday.

Traders should expect a correction phase for GBP/USD taking into consideration that U.S Index RSI has ...

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Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

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