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GBP/USD technical analysis: Cable keeps pressuring the 1.2200 support after the FOMC Minutes

FOMC minutes: Most fed policymakers believed 25 basis point cut needed. The level to beat for sellers is the 1.2200 support.      GBP/USD daily chart     On the daily chart, the Cable is trading in a downtrend below its main daily simple moving averages (DSMAs). The FOMC didn’t provide any surprise as Chief’s […] The post GBP/USD technical analysis: Cable keeps pressuring the 1.2200 support after the FOMC Minutes appeared first on Forex Crunch.

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