GBP/USD has rallied by 2.1% from Monday, 3 February swing low. The 2-year yield premium shrinkage between UK sovereign fixed income over the US Treasury Note may trigger a bearish reversal on the GBP/USD. Watch the key medium-term resistance of 1.2610 on the GBP/USD. Since its swing low of 1.2249 printed on Monday, 3 February, […]
The post GBP/USD Technical: BoE’s Hawkish Cut Priced In, But GBP Bulls Now Approaching Key Resistance appeared first on Action Forex.
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