Pound Sterling Price News and Forecast: GBP/USD stumbles below 1.2000
|GBP/USD stumbles below 1.2000, on US jobs data, high UST bond yields
GBP/USD Price Analysis: Bears look to seize control, break below 200 DMA awaited
GBP/USD drops back closer to mid-1.1900s, eyes 200-day SMA amid bullish USD
The GBP/USD pair comes under some fresh selling pressure following the previous day's good two-way price swings and drifts lower through the first half of the European session. The downward trajectory drags spot prices back closer to mid-1.1900s in the last hour and well within the striking distance of a technically significant 200-day Simple Moving Average (SMA). Read More...
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