Pound Sterling Price News and Forecast: GBP/USD retreats after facing a wall of resistance in 1.2400
|GBP/USD retreats after facing a wall of resistance in 1.2400, slips to 1.2370s
GBP/USD hangs near daily low, well offered below 1.2400 ahead of US PCE Price Index
The GBP/USD pair continues with its struggle to find acceptance above the 1.2400 mark and comes under some selling pressure on the last day of the week. The pair remains on the defensive through the first half of the European session and is currently placed around the 1.2380-1.3375 region, just a few pips above the daily low. Read More...
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