Daily Market Updates: GBPUSD – Key Resistance Zone Likely to Give Up

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GBPUSD – Key Resistance Zone Likely to Give Up

Reported · Written up by our desk · Major Pairs

Cable extends step ascend into third straight day and probes again through key barriers at 1.3406 (50% retracement of 1.3675/1.3136 descend) and 1.3418 (Oct 22 high). Weaker dollar on AI nervousness, helped pound to reach three-week high on Friday and pressure next strong barriers at 1.3428 (200DMA) and 1.3440 (daily cloud top). Bulls failed at […] The post GBPUSD – Key Resistance Zone Likely to Give Up appeared first on ActionForex .

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Action ForexGBPUSD – Key Resistance Zone Likely to Give Up

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GBPUSD – Key Resistance Zone Likely to Give Up

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