$GBPUSD Forecast: Pound bulls turn hesitant ahead of key events by eren_fxstreet forex trading
suggests that sellers stay on the sidelines for the time being, an improvement in risk sentiment is needed for the pair to attract bulls.
Nevertheless, Wall Street's main indexes failed to rally and the greenback showed some resilience against its major rivals toward the end of the day. Interim resistance seems to have formed at 1.0850. With a four-hour close above that level, additional recovery gains toward 1.1900 and 1.1950 .
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