GBPUSD Floor May Be In Place

<p>The British pound has started to recover higher against the greenback after briefly dropping below the 1.2200 support level. A medium-term price floor may now be in place and GBPUSD bulls could start to target towards the 1.2600 technical resistance area. A sustained loss of the 1.2150 level and the GBPUSD pair could easily start […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/286065-gbpusd-floor-may-be-in-place/">GBPUSD Floor May Be In Place</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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