Daily analysis of GBP/USD for May 12, 2017
The pair plummeted to 1.2885 as the BoE kept rates and asset purchase facility unchanged at their May’s meeting. Overall, GBP/USD still steadies around the 1.2900 psychological level after the rebound from Thursday’s low. If that level gives up, then we can expect another decline to test the 1.2772, strengthening the bearish bias. H1 chart’s […]