Hello All,
First time starting a thread here. I've been watching GBP/USD "fall from the sky" and I am having difficulty understanding the underlying fundamental for this, (assuming there is one). Example today's news (19-Jan-2016), saw GNP steady, while not outrageously great, not terrible either. However, GBP/USD continues to slide.
I thought there might be a correlation with Oil, but don't see it on the charts technically. Can anyone offer an "adult" opinion?
First time starting a thread here. I've been watching GBP/USD "fall from the sky" and I am having difficulty understanding the underlying fundamental for this, (assuming there is one). Example today's news (19-Jan-2016), saw GNP steady, while not outrageously great, not terrible either. However, GBP/USD continues to slide.
I thought there might be a correlation with Oil, but don't see it on the charts technically. Can anyone offer an "adult" opinion?
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