Pound Sterling Price News and Forecast: GBP/USD bulls look to 1.3580s for the days ahead
|GBP/USD Price Analysis: Bulls packing a punch through 1.35 the figure, 1.3580 eyed
In ealrier analysis in the US sesison, 1.35 the figure was noted as an anchor point from which bulls would be expected to struggle to pull away from. However, a key level of resistance was penertrated and a high high for the day was scoed all of the way towards 1.3520.
GBP/USD Forecast: 1.3460 becomes the next line of defence
GBP/USD has lost more than 100 pips on Monday and touched its weakest level in three weeks at 1.3439. Although the pair seems to have gone into a consolidation mode early Tuesday, it remains below 1.3500 and shows no convincing signs of a convincing rebound.
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