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GBP/USD Price Drops from 1.2400 After Dismal Services PMI

The GBP/USD pair could turn to the downside if it stays below the immediate upside obstacles. The UK and US data could shake the markets. A larger drop could be activated after dropping below the pivot point. The GBP/USD price is trading at 1.2345, above yesterday’s low of 1.2323. The bias remains bullish in the … Continued
The post GBP/USD Price Drops from 1.2400 After Dismal Services PMI appeared first on Forex Crunch.
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