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The Sterling (GBP) -reached a three month high and also snapped two days of declines versus the Euro. Overall the GBPUSD traded with a low of 2.0256 and a high of 2.0390 before closing the day at 2.0289 in the New York session...
GBP/USD-The cable is still showing strong bullish momentum on the daily chart and on the 4 hour chart with plenty of room to run. The hourly is showing a moderate bearish signal which might make it wise for Forex traders to buy on dips. Next target price will be 2.0350...
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