GBP/USD Forecast: UK CPI Led Gains Capped by Key SMA & 1.3840

GBP/USD recovers after the upbeat UK CPI figures. Last day, the US CPI weighed on the British pound. Rising yields and Fed tapering may cap the gains. The GBP/USD price forecast is neutral as the price remains in a wide range of 100 pips. The UK CPI provides some respite to the British pound. Despite … The post GBP/USD Forecast: UK CPI Led Gains Capped by Key SMA & 1.3840 appeared first on Forex Crunch.

GBP/USD Forecast: UK CPI Led Gains Capped by Key SMA
& 1.3840
GBP/USD recovers after the upbeat UK CPI figures. Last day, the US CPI weighed on the British pound. Rising yields and Fed tapering may cap the gains. The GBP/USD price forecast is neutral as the price remains in a wide range of 100 pips. The UK CPI provides some respite to the British pound. Despite … The post GBP/USD Forecast: UK CPI Led Gains Capped by Key SMA & 1.3840 appeared first on Forex Crunch.