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The British pound pulled back a bit against the US dollar, but then turned around. 1.2650 continues to be massive resistance though, extending towards 1.2750.
The British pound initially pulled back a bit during the trading session on Tuesday, but then shot higher again as we continue to press major resistance at the highs of the last week.
Relative currency strength (RCS) is the purchasing power of a currency when traded against other foreign currencies, or used to trade products. [1] It is also a technical indicator used in the technical analysis of foreign exchange market (Forex). It is intended to chart the current and historical strength or weakness of a currency based on the ...
The British pound has recovered quite nicely some of the initial losses for the week as we have seen a major turnaround at a major support level. GBP/USD Weekly Price Forecast – British Pound ...
GBP/USD is testing the resistance level at 1.3780. For premium support please call: 800-290-4726 more ways to reach us
GBP/USD declines closer to 1.2100 as the Bank of England evaluates the possibility of adopting negative interest rate policy.
The British pound finally broke above the 1.3750 level, an area that we have been paying attention to for some time. GBP/USD Price Forecast – British Pound Breaks Out Skip to main content
The British pound has dropped a bit during the trading session on Thursday to continue the negativity that we have seen over the last 24 hours. GBP/USD Price Forecast – British Pound Looking for ...