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Wednesday, July 3, 2024

GBP/USD. July 3rd. Powell allows for a rate cut this year

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03.07.2024 12:23 PM




On the hourly chart, the GBP/USD pair rebounded from the support zone of 1.2611–1.2620 on Tuesday, reversed in favor of the British pound, and rose towards the resistance zone of 1.2690–1.2705. A rebound from this zone will favor the US dollar and lead to a new decline towards the zone of 1.2611–1.2620. Consolidation above 1.2705 will allow for continued growth of the British pound towards the next resistance zone of 1.2788–1.2801. Currently, a classic sideways trend is maintained. The




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Pentru mai multe detalii, va invitam sa vizitati stirea originala.

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