GBPUSD Bullish Above 1.2270

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<p>The British pound has pulled back towards key technical support against the US dollar currency, following bearish news surrounding the UK economy. GBPUSD bulls need to stabilize price above the pairs 50-day moving average, around the 1.2270 level, to encourage technical buying towards the 1.2600 level. Overall, further short-term gains should be expected while price […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/298823-gbpusd-bullish-above-1-2270/">GBPUSD Bullish Above 1.2270</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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