The British pound rallied a bit during the trading session on Monday to kick off the week, showing signs of “risk on” during the early hours. Having said that, the 50 day EMA above is offering resistance as we have seen on Friday, so at this point it looks likely that we will roll over given enough time.

For the full article:
https://www.fxempire.com/forecasts/article/gbp-usd-price-forecast-british-pound-bounces-to-start-the-week-656769/

Find more information about Forex and Commodities News (https://www.fxempire.com/news), Technical Analysis (https://www.fxempire.com/forecasts/technical), Fundamental Analysis (https://www.fxempire.com/forecasts/fundamental) and Brokers (https://www.fxempire.com/forex-brokers) on FX Empire (https://www.fxempire.com/).

Esta web utiliza cookies propias y de terceros para su correcto funcionamiento y para fines analíticos y para mostrarte publicidad relacionada con sus preferencias en base a un perfil elaborado a partir de tus hábitos de navegación. Al hacer clic en el botón Aceptar, acepta el uso de estas tecnologías y el procesamiento de sus datos para estos propósitos. Ver Política de cookies
Privacidad