GBPUSD forecast: 2014, July 13 - 20

GBPUSD forecast: 2014, July 13 - 20

16 July 2014, 12:00
Sergey Golubev
0
124
The GBP/USD pair fell during the bulk of the week, but did get a little bit of a bounce towards the end of the 1.71 level. That being the case, it appears that the market is still ready to continue going higher, and we believe that the 1.70 level will continue to be a bit of a “floor” in this market. Ultimately, we suspect of this pair goes to the 1.75 handle, and see nothing on this chart the changes our opinion about that. Pullbacks should continue to offer buying opportunities.





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