GBPUSD Relies on Support Levels as Bears Stay in Play

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<p>GBPUSD exposed to more declines in the short-term Outlook to stay neutral as long as the price holds above 1.2485 BoE policy announcement due at 12:00 GMT GBPUSD came under renewed downside pressure on the first trading day of February, feeling the blues from Powell’s hawkish rate message. The pair is currently testing the short-term […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/537911-gbpusd-relies-on-support-levels-as-bears-stay-in-play/">GBPUSD Relies on Support Levels as Bears Stay in Play</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>