GBP/USD remains stuck near the 1.2200 level as traders wait for additional catalysts. Interestingly, rising Treasury yields did not put pressure on GBP/USD.
If GBP/USD settles above 1.2200, it will move towards the next resistance, which is located in the 1.2370 – 1.2410 range.
If GBP/USD settles above 1.2200, it will move towards the next resistance, which is located in the 1.2370 – 1.2410 range.
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Related publications
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.