US data came out worse than expected, and currencies are partying. The pound received some good news this week but Brexit still looms. Nevertheless, the fall of the greenback is clearly seen in GBP/USD. Cable is topping the very round 1.30 level, reaching a high of 1.3011 so far. On the way up, Sterling crossed [...]
The post GBP/USD rises towards downtrend resistance but looks weak appeared first on Forex Crunch.
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