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GBPUSD Technical Analysis and Forecast Week 18-22 Sept

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

GBPUSD Technical Analysis and Forecast Week 18-22 Sept

Last week was really a perfect trading week for Fxters' members. We have hit all our targets of GBPUSD, GBPJPY, EURGBP, GBPJPY and GBPNZD. Each of them left us 800-900 pips profits.

The bank of England made clear this week that markets are underestimating the possibility of an interest rate hike this year, despite weak GDP and wage growth numbers. The clear message was sent out by governor Carney after Thursday's MPC meeting and reinforced by a hawkish speech by BOE policy maker Gert Vlieghe, a one-time dove. Cable duly responded hitting a 15-month high and still has room to move to the upside, especially as the USD remains weak.

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This article was written by Emre Tutucu for http://www.fxters.com/gbpusd-technical-analysis-forecast-week-18-22-sept/ on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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