GBP/USD Forecast: Buyers eye a break above 1.2440
GBP/USD gathered bullish momentum in the European morning and climbed toward mid-1.2400s. The pair faces strong resistance at 1.2440 and it could stretch higher once that level is confirmed as support. Read more...
GBP/USD: Gains through 1.2470 to put a return to the mid-1.25s on the radar – Scotiabank
GBP/USD tracks other majors higher. Economists at Scotiabank analyze the pair’s technical outlook. Read more...
GBP/USD rebounds from 1.2400 as anxiety among investors for Fed policy stance deepens
The GBP/USD pair has found a decent buying interest near the round-level support of 1.2400 in the London session. The Cable has shown recovery due to a decline in the US Dollar Index (DXY). The USD Index has faced selling pressure while attempting to reclaim Tuesday’s high around 104.40. Read more...
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