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British Pound / U.S. Dollar
Short

GBPUSD Outlook

By randyspringle
The beginning of July hasn't been a good one for the dollar as Covid-19 cases spiked around the US causing the dollar to weaken. Approaching 1.26600 prices has met resistance and has been stuck in a range for about a week. We see price making lower highs and lower lows and as Covid-19 fears begin to wane and the DXY showing bullish potential, I am looking for this pair to breakout and drop to 1.22650 Support zone.
Chart PatternsForexfundamental-analysisGBPUSDTechnical IndicatorsoutlookshortTechnical AnalysisTrend Analysis

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