LiteForex - Analytics

LiteForex

716.75 8.25/10
77% of positive reviews
Real

GBP/USD: analysis and forecast on 22.06.2015

Last Friday the pair GBP/USD was traded in the sideways channel of 1.5835-1.5896. Yesterday, the pair had reached seven-month highs at the level of 1.5929 after the publication of the statement by the US FOMC. The US regulator has emphasised the necessity to achieve more significant improvements in the US economy, which will contribute to a gradual increase in the interest rate. The fact that the timing period of the interest rate increase had not specified was a disappointment to the investors, and the attractiveness of the USD has dropped.    

read more >>


To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree