British Pound (GBP) Price Outlook: GBP/USD Facing Trendline Resistance
Summary
By sueyangfx.com July 27, 2021 at 09:34AM GBP/USD has been rising for the past week as UK coronavirus cases show signs of falling, but further progress may be difficult near-term as the pair approaches a downward-sloping trendline on the c…
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
July 27, 2021 at 09:34AM
GBP/USD has been rising for the past week as UK coronavirus cases show signs of falling, but further progress may be difficult near-term as the pair approaches a downward-sloping trendline on the c…