Forex Analysis & Reviews: Overview for the GBP/USD pair on April 17th. British inflation could weigh on the pound

The GBP/USD currency pair also attempted to start an upward correction on Tuesday, but volatility throughout the day was again very low. As seen in the illustration below, what we mean by "low volatility" is clear. Out of the last 30 days, there were only nine days when volatility exceeded 90 points. Another nine days ended with volatility below 50 points, indicating a complete lack of movement.


Analysis are provided by InstaForex.


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