GBP/USD Remains In Uptrend But Bulls Lose Strength

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/11/f-gbp170.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2021/11/f-gbp170.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/11/f-gbp170-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/11/f-gbp170-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/11/f-gbp170-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key Highlights GBP/USD rallied toward 1.2740 before it corrected lower. A key bullish trend line is forming with support near 1.2610 on the 4-hour chart. EUR/USD corrected lower below the 1.0880 support zone. The US ISM Services PMI could increase from 51.8 to 52.0 in Nov 2023. GBP/USD Technical Analysis The British Pound started a […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530240-gbp-usd-remains-in-uptrend-but-bulls-lose-strength/">GBP/USD Remains In Uptrend But Bulls Lose Strength</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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