GBP/USD Forecast: Pound sellers take action as key support fails

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GBP/USD Forecast: Pound sellers take action as key support fails
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$GBPUSD Forecast: Pound sellers take action as key support fails by eren_fxstreet forex trading

stays near 40, suggesting that the pair could continue to push lower before turning oversold and making a technical correction. In order to shake off the bearish pressure, GBP/USD needs to reclaim 1.2480 . In that case, 1.2500 forms interim resistance ahead of 1.2550 .

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