GBP/USD is in a vertical rally, rising marginally to a new high after upbeat UK GDP data. Short-term bias is positive, but caution is warranted as overbought signals emerge. Next resistance at 1.3665–1.3700; support at 1.3500. GBP/USD tip-toed to a seven-week high of 1.3593 following stronger-than-expected UK GDP data for February, which showed a 0.5% […]
The post GBP/USD Modestly Up After GDP Beat appeared first on ActionForex.
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