Home / Forex Analysis / GBP/USD: 9th day of consolidation, back to 1.3500 region

GBP/USD: 9th day of consolidation, back to 1.3500 region

The GBP/USD remains weak while it is in its 9th day of consolidation. The US Dollar Index broke a new multi-week high on Wednesday and is now consolidating while some analysts call for “USD dead cat bounce.” The GBP/USD pair fell again on Wednesday but failed to break the low at 1.3451 made on Tuesday. Technically, […] The post GBP/USD: 9th day of consolidation, back to 1.3500 region appeared first on Forex Crunch.

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