GBP / USD: short-term upward correction is possible

After
yesterday's landslide reduce pounds and range trading near the mark
1.4444 at the beginning of the trading day the pair GBP / USD resumed its decline at the end of the European
session.

yesterday
reduction pair GBP / USD 100 pips on the trading day helped
negative data on industrial production in the UK in November, which showed
negative values ​​are released and worse prognosis. Thus, in annual terms
Industrial production in the UK fell by 1.2% in addition to the
reduction in the previous month to 0.2%. Now, the Bank of England will be difficult
consider the possibility of an early increase in interest rates
Great Britain.

according to
forecast RBC Capital Markets ... READ MORE

Look trading recommendations and technical analysis for the pair GBP / USD!