GBP/USD Tests Resistance At 1.2980 – 1.3000

gbp_usd_news_1Dollar Tests New Lows As Inflation Rate Misses Estimates.

GBP/USD is moving higher as traders focus on general weakness of the American currency.

A move above the resistance at 1.2980 – 1.3000 will push GBP/USD towards the next resistance level at 1.3080 – 1.3100.

GBP/USD 110425 4h Chart

GBP/USD


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