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Reading: GBP/USD oscilates in low volumes round Friday’s excessive
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CryptoCompass > Blog > Forex > GBP/USD oscilates in low volumes round Friday’s excessive
Forex

GBP/USD oscilates in low volumes round Friday’s excessive

Staff
Last updated: 2023/02/20 at 10:28 PM
By Staff 1 month ago
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GBP/USD oscilates in low volumes around Friday's high


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GBP/USD corrected from the low 1.19s on Friday, denting the bear’s dominance forward of a US vacation on Monday as merchants squared up into the lengthy weekend. At the time of writing, GBP/USD is buying and selling close to 1.2050 and stays in consolidation between the day’s low of 1.2014 and 1.2056. Read More…
The GBP/USD pair attracts some sellers close to the 1.2055 space on Monday and stalls its restoration transfer from the bottom degree since January 6 touched on Friday. Read More…

 

GBP/USD nonetheless dangers a deeper pullback in addition to 1.2100 caps the upside, observe Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Read More…

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Staff February 20, 2023
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