GBP/USD Could Consolidate

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<p>Yesterday, the GBP/USD exchange rate appreciated slightly. During Friday morning, the rate tested the weekly S1 at 1.2797. It is likely that the currency pair could gain support from the 55-hour SMA near 1.2740 and trade upwards in the short term. In this case the pair would have to exceed the monthly S2 and the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/329249-gbp-usd-could-consolidate-5/">GBP/USD Could Consolidate</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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