It finally happened! After taking 1.70 earlier in the weak and retreating, the latest USD weakness (following the Fed decision)triggered a gradual move and the British pound is now at the highest level since October 2008, right after the Lehman Brothers collapse. It just broke the post crisis high of 1.7042 which was reached in August 2009. The next levels are not that close. 1.7140 could be the next stop – the full range between 1.6940 and 1.7040. After that, the round number of 1.72 could slow the pair. Last but not least, 1.7330 had some significant in the distant past. For more, see the GBPUSD forecast. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Forex Analysis: GBP/USD Breaks 1.7000 for New Multi-Year High James Chen 8 years It finally happened! After taking 1.70 earlier in the weak and retreating, the latest USD weakness (following the Fed decision)triggered a gradual move and the British pound is now at the highest level since October 2008, right after the Lehman Brothers collapse. It just broke the post crisis high of 1.7042 which was reached in August 2009. The next levels are not that close. 1.7140 could be the next stop - the full range between 1.6940 and 1.7040. After that, the round number of 1.72 could slow the pair. Last but not least, 1.7330 had some significant in the distant… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
