GBP/USD Dips Again, 200 SMA Is The Key To Fresh Increase

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp142.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-gbp142.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp142-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key Highlights GBP/USD started a downside correction from the 1.2825 resistance. It traded below a key bullish trend line with support at 1.2715 on the 4-hour chart. EUR/USD also corrected lower below the 1.1020 support zone. The US ISM Manufacturing Index could increase slightly from 46.7 to 47.1 in Dec 2023. GBP/USD Technical Analysis The […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533607-gbp-usd-dips-again-200-sma-is-the-key-to-fresh-increase/">GBP/USD Dips Again, 200 SMA Is The Key To Fresh Increase</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>