ad
Forex Brokers Award 2021
Vote your favourite broker

Sterling Falls To A 35-Year Low

Mar 19 2020, 09:01 PM (BDT) | Orbex.com

The pound sterling gave way as it weakened sharply against the dollar.

Losing over 4% on the day, GBPUSD fell to the lowest levels since 1985.

This comes as the 1.2000 handle broke away and offered little support.

Price action in the GBPUSD is now near 1.1600. If this level holds, we might see a reversal in the short term.

However, it is a bit too early to expect any meaningful retracements.

Orbex.com

At Orbex, the client is at the heart of everything we do and everything we do is designed to guarantee your satisfaction. Here’s how Forex Trading with Orbex will enhance your trading experience: Best-in-class customer service, including live chat and free webcall One-hour response time for sales and support requests Multiple asset trading and ECN accounts on MT4 0.9 pip fixed spread at ZERO commission Up to 1:500 leverage
ad