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GBP/USD Forecast: Additional losses likely below 1.2930 as markets scale back hawkish BoE bets

GBP/USD closed below the 50-period Simple Moving Average (SMA) on the four-hour chart following the CPI-inspired drop. The Relative Strength Index (RSI) indicator slumped below 40, reflecting a … The post GBP/USD Forecast: Additional losses likely below 1.2930 as markets scale back hawkish BoE bets appeared first on ForexTV... Read More
Posted: Jul 19 2023, 17:59
Author Name: forextv
Views: 080954

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