Trade Idea: GBP/USD - Stand Aside

[Forex-Outlook]

Although the British pound fell from yesterday's high of 1.6269 to as low as 1.6093 partly due to the release of weaker-than-expected U.K. data, failure to break support at 1.6077 (there are still talks of decent demand from Asian and Middle East names) suggests further consolidation would take place and...

Read Full Out-Look by Action Forex