JVBank & CB Passive Income: GBP/USD technical analysis: Sterling recovery above 1.2500 needed

Friday, May 1, 2020

GBP/USD technical analysis: Sterling recovery above 1.2500 needed

GBP/USD technical analysis: Sterling recovery above 1.2500 needed

GBP/USD technical analysis shows that a bearish head and shoulders pattern may be forming. Traders are carefully watching the monthly pivot point, around the 1.2330 level.

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