GBP/USD: Fresh Bulls Hold Grip But Need More Work to Signal Reversal

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp124.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp124.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp124-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Cable rose to the highest in nearly two weeks on Tuesday, keeping in play near-term recovery which extends into fifth straight day. Softer tone in the most recent comments from US policymakers, added to fresh but still limited risk appetite, keeping the pound underpinned for now. Bulls probe through falling 20DMA (1.2252) with close above […]</p>
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