The Pound Sterling (GBP) tumbled against the US Dollar (USD) on Wednesday, falling below 1.2700 following the release of weak US housing data. This decline, coupled with the US Dollar’s strength near eight-week highs, has shifted the GBP/USD’s momentum towards the bears. Technical Analysis: Bearish Signals Intensify The GBP/USD failed to breach the 1.2700 resistance […]
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