A cooling down Cable… The heat of Brexit is still surrounding the Cable. There was no surprise that GBPUSD went into a consolidation days after Brexit. The market saw sharp moves back and forth until the end of July with a 14-day ATR ranging around 200 pips. The current ATR has dropped to around 130 pips – …
Continue reading “GBPUSD weekly outlook 08th-13th August 2016”