GBP/USD Outlook: The Pair Is Currently Correcting Lower Below 1.2620

<p>The British Pound started a strong upward move above the 1.2400 resistance area against the US Dollar. The GBP/USD pair even surpassed the 1.2500 resistance area to move into a positive zone. The pair is now trading above the 1.2600 level and the 50 hourly simple moving average. It traded as high as 1.2647 and […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/287317-gbp-usd-outlook-the-pair-is-currently-correcting-lower-below-1-2620/">GBP/USD Outlook: The Pair Is Currently Correcting Lower Below 1.2620</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>