SYFX

Cable runs into near-term resistance as buyers stay poised amid dollar weakness

Summary

By sueyangfx.com August 18, 2020 at 09:09AM GBP/USD runs into near-term resistance around 1.3170 The region around 1.3170-86 (also 1.3162 if you want to be picky) is still capping gains in the pair since the end of July as buyers […]

August 18, 2020 at 09:09AM

GBP/USD runs into near-term resistance around 1.3170
The region around 1.3170-86 (also 1.3162 if you want to be picky) is still capping gains in the pair since the end of July as buyers try to push for further upside momentum to start European morning trade today.

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