GBP/USD is under relentless selling pressure, dipping just below the 1.2600 mark during Thursday's European trading session.
The resurgent dominance of the US Dollar (USD) has exerted a formidable force on GBP/USD throughout the latter part of the week.
It is expected that the price will drop sharply if it breaks the support zone of 1.2590.
The resurgent dominance of the US Dollar (USD) has exerted a formidable force on GBP/USD throughout the latter part of the week.
It is expected that the price will drop sharply if it breaks the support zone of 1.2590.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.