British Pound higher against USD just above 1.2550, 0.08% on a day, the highest level since June 17, the cable (GBP/USD) was drawing a bullish picture on 4-hours chart with a bullish momentum. The cable broke above a downtrend support line that capped it since late June. Resistance awaits at …
Read More »British Pound Ready to Post First Weekly Gains in a month.
Pound continued its losses against a basket of currencies for the second day in a row and fell against the US dollar on the corrective movments of and profit-taking, though, the Pound is about to make its first weekly gain in a month with Boris Johnson’s statement to expand spending …
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