Same thing different day

GBP/USD has exactly the same move like yesterday. The pair hit at the European session the
daily high at 1.6440, after that sellers step in and took control driving the
pair to the daily low of 1.6325. I am expecting from that level GBP to recover
and reach the 1.6365 levelIn macronews, the US producer prices increased by a seasonally adjusted 0.4% in
December, matching analyst’s forecasts, after falling 0.1% in November 2013

Year-over-year, the producer price index rose at an annualized rate of 1.2% in
December 2013, above expectations for a 1.1% gain and up from 0.7% in the
preceding month.


Trade Responsibly



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