The British Pound started a decent increase above the 1.2000 resistance zone against the US Dollar. The GBP/USD pair climbed above the 1.2050 level to start a recovery wave. There was a close above the 1.2080 level and the 50 hourly simple moving average. It is now consolidating gains and trading near the 1.2110 zone. […]
The post GBP/USD Pair Started a Recovery Wave Above 1.2050 appeared first on Action Forex.
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