GBP/USD is currently trying to settle above the resistance at 1.2180 – 1.2200 as traders bet that Fed will not raise rates again this year.
In case this attempt is successful, GBP/USD will head towards the next significant resistance at 1.2370 – 1.2410, although it may also face resistance near the 1.2300 level.
In case this attempt is successful, GBP/USD will head towards the next significant resistance at 1.2370 – 1.2410, although it may also face resistance near the 1.2300 level.
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