GBP/USD Tests 1.3700 Level

<p>During Wednesday morning hours, the GBP/USD exchange rate jumped to the resistance level at 1.3700. If the given resistance holds, it is likely that the currency pair could bounce off in the nearest future to the support area formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3584/1.3622 range. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/354589-gbp-usd-tests-1-3700-level/">GBP/USD Tests 1.3700 Level</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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