Forex Trading Alert: Currency Bears in Charge

Posted by Nadia Simmons - Sunshine Profits

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2016-03-22-EURUSDWeekly

Forex Trading Alert sent to subscribers on March 22, 2016, 10:57 AM.

In our opinion the following forex trading positions are justified – summary:

 

Earlier today, official data showed that the U.K. rate of consumer price inflation increased by 0.3% in Feb, missing analysts’ forecasts. Additionally, although month-over-month consumer prices rose by 0.2% in the previous month, the data disappointed market participants, which pushed GBP/USD under 1.4300. How low could the pair go in the coming days?

2016-03-22-EURUSDWeekly

….read it all HERE