Pound Retreats After Stalling at Resistance, Uptrend Still Intact
The British Pound (GBP) retreated against the US Dollar (USD) on Thursday after failing to break above key resistance levels. Despite this pullback, the overall uptrend for GBP/USD remains in play. Reasons for the Pullback: Technical Outlook: The GBP/USD price action is consolidating after encountering resistance. A break above 1.2709 could signal further upside, while […]