Forex Analysis GBP/USD
forex Technical Analysis Unlike the euro vs dollar which is benefitting from systemic dollar weakness, the pounds to dollars pair is failing to capitalise and remains waterlogged in the USD1.65 region and yesterday’s comments from BOE Governor King did little to help Sterling which reversed lower as a result. Technically yesterday’s candle ended the forex trading session as a wide spread down bar which whilst negative in sentiment did manage to find a modicum of support later in the day
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