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Intraday Analysis – USD Needs a Fresh Catalyst

Intraday Analysis – USD Needs a Fresh Catalyst
GBPUSD bounces back Cable consolidates after a modest rate hike of 25 basis points by the BoE. The pair has been drifting lower after it broke below dynamic support by the 30-day SMA (1.2800). From a daily chart perspective, the swing low of 1.2600 is a critical level to keep the uptrend momentum going as […] The post Intraday Analysis – USD Needs a Fresh Catalyst appeared first on Orbex Forex Trading Blog... Read More
Posted: Aug 4 2023, 06:09
Author Name: orbex
Views: 110622

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