The GBPUSD Read this Term has moved lower this week and in the process moved below the 50% midpoint of the move up from the June 29 low at 1.28658. Today the price also moved below a key swing area between 1.28349 and 1.28486. That break saw the price move down to 1.2816, before rebounding
The GBPUSD GBP/USD The GBP/USD is the currency pair encompassing the United Kingdom’s currency, the British pound sterling (symbol £, code GBP), and the dollar of the United States of America (symbol $, code USD). The pair’s rate indicates how many US dollars are needed in order to purchase one British pound. For example, when
Last week the US CPI report missed across the board and led to a strong rally in GBPUSD as the market priced out the more hawkish path for the Fed and now expects the July hike to be the last one. The resilient labour market, the rising consumer sentiment and the better than expected Retail
In an early video on the GBPUSD GBP/USD The GBP/USD is the currency pair encompassing the United Kingdom’s currency, the British pound sterling (symbol £, code GBP), and the dollar of the United States of America (symbol $, code USD). The pair’s rate indicates how many US dollars are needed in order to purchase one
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