GBP/USD Price Corrects Below 1.25 Ahead of Key US Data

The bias remains bullish as long as it stays above the upper median line (uml). The retreat is natural after its strong rally. The US CB Consumer Confidence should shake the price today. The GBP/USD price retreated slightly in the short term, trading at 1.2477, far below today’s high of 1.2507. The bias remains bullish, … Continued The post GBP/USD Price Corrects Below 1.25 Ahead of Key US Data appeared first on Forex Crunch.

GBP/USD Price Corrects Below 1.25 Ahead of Key US Data

The bias remains bullish as long as it stays above the upper median line (uml). The retreat is natural after its strong rally. The US CB Consumer Confidence should shake the price today. The GBP/USD price retreated slightly in the short term, trading at 1.2477, far below today’s high of 1.2507. The bias remains bullish, … Continued

The post GBP/USD Price Corrects Below 1.25 Ahead of Key US Data appeared first on Forex Crunch.