Pound Sterling Vs USD Indecision Abound
GBP/USD had an inconclusive end to last week. Daily price action looked indecisive as the pair came under strong selling pressure in the 1.3560 to 1.3640 zone. GBP/USD opened the week at 1.35340, then early on edged to a low of 1.34906, then floundered, with the pair eventually hitting a high of 1.3647, before strong selling led it to close at 1.35992.