GBP/USD, USD Index Charts and More
Summary
By sueyangfx.com August 04, 2020 at 05:56PM Cable is up against confluent resistance, in need of a break while the DXY may recover or move sideways for a bit to work off oversold, overly bearish conditions.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
August 04, 2020 at 05:56PM
Cable is up against confluent resistance, in need of a break while the DXY may recover or move sideways for a bit to work off oversold, overly bearish conditions.