British Pound (GBP) Price Outlook: GBP/USD Approaching Key Support Levels

british pound gbp price outlook gbp usd approaching key support levels

Sumary of British Pound (GBP) Price Outlook: GBP/USD Approaching Key Support Levels:

  • GBP price, news and analysis:GBP/USD continues to look weak as a strong US Dollar outperforms most other currencies.
  • As for sentiment, IG client positioning data continue to send out a bearish contrarian signal.
  • Here at DailyFX, we typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests GBP/USD may continue to fall.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close