FX Insight Outlook Gbp/Usd Week Aug 27th

Forex Insight Outlook on gbp/usd:

We are looking for this pair to remain at the 15825-15815 area and for a possible shot to 15845 before the weeks end. Moving on to next week the pair is expected surpass the 15870 line towards 15925 is our target. Traders are in positions long on gbp/usd. Follow in and be part of the Q&A Monday morning trading session.

KEY levels for next week
15900
15980
16025









FOREX INSIGHT GROUP
 305-600-0895
chieftrader@forexinsighters.com
 CLICK HERE TO BECOME A MEMBER

Further Action by the Fed Reserve?

Time for everyone's favorite Fed mouthpiece, Jon Hilsenrath to hand over the podium to his true superior, Ben Bernanke, by posting the Chairsatan's response letter to Republican Darrel Issa in which he defends QE and leave in the following: "There is scope for further action by the Federal Reserve to ease financial conditions and strengthen the recovery." And just to make sure that as Hilsenrath is to the Fed, so Reuters is to the ECB, we get the following tried and now simply pathetic regurgitation of the Spiegel rumor from this Sunday (which was since denied at least two times for the simple reason that Germany will never agree to open-ended debt monetization until global stock markets are literally collapsing) via Reuters: 

"ECB considering setting yield band targets under new bond buying programme according to sources." Full Article  

FOREX INSIGHT GROUP
305-600-0895
chieftrader@forexinsighters.com
(CLICK) register to become a member of the Online traders room