GBP/USD Outlook: The Pair Rallies Past 1.2600

<p>The British Pound started a strong increase above the 1.2600 resistance this week against the US Dollar. The GBP/USD pair broke the 1.2650 resistance level to move into a positive zone. The pair even settled above the 1.2700 resistance and the 50 hourly simple moving average. A high is formed near 1.2767 on FXOpen and [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/312982-gbp-usd-outlook-the-pair-rallies-past-1-2600/">GBP/USD Outlook: The Pair Rallies Past 1.2600</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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