GBP/USD Consolidates While EUR/GBP Takes Hit

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<p>GBP/USD is attempting a recovery wave above the 1.2700 resistance. EUR/GBP declined heavily below the 0.8600 and 0.8565 support levels. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh increase above 1.2700. There is a key contracting triangle forming with resistance near 1.2740 on the hourly chart of GBP/USD […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/515189-gbp-usd-consolidates-while-eur-gbp-takes-hit/">GBP/USD Consolidates While EUR/GBP Takes Hit</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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