GBP/USD Price Analysis: Pound depressed near 35-year lows, post-BOE rate cut and £200 billion QE addition
|- GBP/USD is trading near the 1985 lows, below the 1.1600 figure.
- GBP/USD correction up is failing as the market remains bearish.
- BOE cuts rates, adds £200 billion in QE, GBP/USD reacts up initially.
GBP/USD daily chart
GBP/USD four-hour chart
Additional key levels
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