mardi 17 mars 2015

Forex Trading : GBP / USD oscillating around 1.48


Forex Trading : Picked up a pair GBP / USD bearish levels of the session and rose back above 1.48 handle during the European session, as traders absorbed the British government's statements and that will raise the minimum wage for British workers paid less.GBP / USD is trading downward by 0.17% at 1.4805 gradually creeping upward toward new levels of the session at 1.4845. The exchange rate remained in the red zone despite the recovery part of the losses after Britain's announcement that it will increase the minimum wage in the country increased by 3% to a new rate to 6.70 pounds per hour, a decision which will begin in October 2015 sterling had been removed from the bearish levels