Forex Trading : GBP / USD establish a secondary recovery lowest key levels
Forex Trading : Are currently GBP / USD is trading at 1.4743 with bullish level at 1.4898 and bearish at 1.4708.
Bottomed GBP / USD from the previous bearish levels mentioned, but the secondary recovery was crowned amid strong dollar environment. Today the data from the United States was weaker than expected, with low PPI on the back of weak oil and the strong dollar, while the consumer confidence gauges also disappointing.