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GBPUSD at key crossroads ahead of Jackson Hole.

Published On: August 24, 2020

Summary

By sueyangfx.com August 24, 2020 at 07:06AM GBPUSD at crossroads The false break in the Dollar Index is also showing its hand in the GBPUSD pair rejecting the weekly trendline and 1.3200. If Powell is in a ‘wait and see’ […]

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By sueyangfx.com

August 24, 2020 at 07:06AM

GBPUSD at crossroads
The false break in the Dollar Index is also showing its hand in the GBPUSD pair rejecting the weekly trendline and 1.3200. If Powell is in a ‘wait and see’ mood from the Symposium this should see more USD strength in the near term and some selling pressure in the GBPUSD.

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