GBP/USD extends gains, approaching high resistance

From Forex Crunch
March 20, 2017 - 3:16am
The British pound enjoys another round of buying following the BOE’s hawkish tilt last week, as well as the Federal Reserve’s dovish hike. GBP/USD is now trading at 1.2410. The next resistance line is very close: 1.2415. Further resistance is only at 1.2540. Support awaits at 1.2360. The Rightmove House Price Index showed a rise of 1.3\% in prices [...] The post GBP/USD extends gains, approaching high resistance appeared first on Forex Crunch.


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