GBP/USD struggles above 1.3500 amid Brexit mum, Omicron optimism, US data eyed
GBP/USD hangs in balance around 1.3530 during the early Wednesday morning in Europe. The cable pair portrays the market’s cautious sentiment around the highest levels in two months while consolidating the previous day’s gains inside a 20-pip trading range.
GBP/USD Price Analysis: Pullback remains elusive beyond 1.3465
GBP/USD keeps the previous day’s pullback from a two-month high of around 1.3530 during the inactive initial Asian session on Wednesday. The cable pair refreshed the multi-day top the previous day while justifying MACD rebound and firmer RSI line. However, a 12-day-old rising wedge challenges the buyers.
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