GBP/USD Settling Into A Sideways Range

<p>The pound sterling gave back some of the gains from last Thursday as a result of the BoE rate cut. Price action is lower again, but a bottom looks to be in place at 1.1497. With the resistance level at 1.2000, we expect the GBPUSD to consolidate with these levels for now. The pound managed [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/281835-gbp-usd-settling-into-a-sideways-range/">GBP/USD Settling Into A Sideways Range</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>