Instead of declining further, Pound Sterling (GBP) is more likely to trade in a 1.2240/1.2360 range. In the longer run, risk remains on the downside; oversold conditions could slow the pace of any ...

The GBP/USD has carved a successive series of lower highs and lower lows, an indication that the downtrend remains intact.

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.