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The British pound has moved back above the 1.2600 level against the US dollar during the European trading session, following dip-buying demand and solid UK Wage data. Buyers need to move price above n...
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GBPUSD (1.2577): The GBPUSD extended declines on the day as price action finally broke out from the lower support area of 1.2747 – 1.2683. The cable fell to lows of 1.2511 before pulling back higher. ...
Corrections are modest is the clue. The GBPUSD has trended lower today after the pair peaked against it's 200 hour MA a 1.27586. Since then the price has moved to the downside. The move has moved 255 ...
On a medium to longer term basis, the outlook is still looking constructive off the +30 year low from 2016, with a higher low sought ahead of the next major upside extension back towards and through t...