Sterling Price Outlook: British Pound Threatens GBP/USD Breakout

25 February 2020 25 February 2020

BonTrade

Sterling defended the 1.29-handle again this week with the recovery now eyeing downtrend resistance. Here are the levels that matter on the GBP/USD technical charts.

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Sterling Price Outlook: British Pound Threatens GBP/USD Breakout

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U.S. dollar falls as Fed rate cut expectations rise