Technical Market Outlook: The GBP/USD pair is getting closer to the technical support located at the level of 1.2246 after bulls were rejected from 50% Fibonacci retracement on the way up. The momentum remains neutral as well, but due to the fact, that the price is trading below the short-term trend line resistance, the odds […]

Technical Market Outlook: The GBP/USD pair is getting closer to the technical support located at the level of 1.2246 after bulls were rejected from 50% Fibonacci retracement on the way up. The momentum remains neutral as well, but due to the fact, that the price is trading below the short-term trend line resistance, the odds […]