Since our last publication, the price actions of the GBP/USD have rallied and hit the lower limit of the first medium-term resistance zone of 1.3400/3505 (printed an intraday high of 1.3434 on 26 September). A flip of BoE’s less dovish stance to “outright” dovish Since the Bank of England (BoE) first interest rate cut of 25 […]
The post GBP/USD Technical: Potential Bullish Reversal after 4-Week Slide as US CPI Looms appeared first on Action Forex.
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