GBP/USD recovers from this morning drop

Hi traders

British Pound is back to where it started before preliminay GDP figures.

Happy trading

Alberto

Preliminary GDP figures released 0.3%

Hi traders

Looks like the lower GDP figure 0.3% from an expected of 0.5% haven't done the Pound any good, which goes to prove that new can wrech an otherwise good set up.

Happy trading

Lovely Doji on GBP/USP

Hi traders

Just checking the markets for potentials trades next week, and the British Pound caught my eye on the daily time frame, what do you guys think?

Happy trading

Alberto

Sterling taking a nose dive

Hi Traders

Seen that the British Pound is only going in one direction, which will only be exacerbated by the election worries.

 

Happy trading

Alberto

GBPUSD Outlook: 12/04/2015 (@50Pips / 50PipsFX.com)

Hi Traders

Found this interesting commentary on the British Pound, worth watching also there will be a general election soon in the UK (7 May), which is not doing the Pound any favors.

Happy trading

Alberto

Will the GBP carry on his way south

Will the GBP carry on this way south?, haven't been this low since 2013, plus there is a general election coming.

It might take a while to break out of the triangle.