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GBP/USD: Rises on Weaker Dollar, Bulls Look for Confirmation on Close Above Thick Daily Cloud

GBP/USD: Rises on Weaker Dollar, Bulls Look for Confirmation on Close Above Thick Daily Cloud
Cable accelerates higher on Thursday, lifted by weaker dollar as markets are still not sure what the Fed will decide in the next week’s policy meeting. The latest surprises from RBA and BOC raise hopes that the US central bank would opt for another 25 basis points hike, against signals of pause in hiking cycle, […] The post GBP/USD: Rises on Weaker Dollar, Bulls Look for Confirmation on Close Above Thick Daily Cloud appeared first on Action Forex... Read More
Posted: Jun 8 2023, 14:16
Author Name: actionforex
Views: 110638

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