GBP/USD Price Analysis: Bears on the prowl at resistance GBPUSD Technical Analysis
Technically this leaves GBP/USD in no-man's-land, treading water at the top of a 100-pip box as follows:The bias is therefore bearish while below the counter-trendline and with in-the-money longs a target for the bears for the sessions ahead. However, a break of the resistance around 1.2450 exposes 1.2500 resistance:Information on these pages contains forward-looking statements that involve risks and uncertainties.
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