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GBP/USD Price Bounces Off 1.2300 As Dollar Soars

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GBP/USD Price Bounces Off 1.2300 As Dollar Soars


After failing to remain above the psychological level of 1,23, there is a high degree of bearish pressure. Tomorrow, the UK data will likely move the rate. Next target is the warning line (wl1). In a dramatic change of events, GBP/USD currently sits in the red area, with a strong tendency towards new lows ….

The post GBP/USD price bounces off 1.2300 while Dollar Soars first appeared on Forex Crunch.



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