GBP/USD Forecast Feb. 29 – Mar. 4

The pound suffered huge losses last week, as GBP/USD plunged some 400 points. The pair closed at 1.3857, its lowest level since March 2009. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD. US durable goods sparkled last week giving a boost to the surging US dollar. However, consumer confidence […]