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GBP/USD Price Analysis: Retreats towards 1.2400 within rising wedge, UK inflation eyed

GBP/USD struggles to extend the previous day’s corrective bounce off one-week low. 12-day-old rising wedge bearish chart formation keeps sellers hopeful. Lackluster MACD, sustained trading beyond 200-SMA keeps buyers hopeful. The post GBP/USD Price Analysis: Retreats towards 1.2400 within rising wedge, UK inflation eyed appeared first on ForexTV... Read More
Posted: Apr 18 2023, 23:14
Author Name: forextv
Views: 082057

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