The British Pound started a fresh decline from the 1.2050 resistance against the US Dollar. The GBP/USD pair traded below the 1.20100 support zone to enter a bearish zone. The pair even declined below 1.1920 and the 50 hourly simple moving average. A low was formed near 1.1807 and the pair is now correcting losses. […]
The post GBP/USD Pair is Now Correcting Losses from the $1.2010 Low appeared first on Action Forex.
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