GBP/USD Forecast. Pound Pulled Back Towards 1.2370

gbp2GBP/USD continues its attempts to settle below the nearest support level at 1.2355 – 1.2370 amid lack of strong catalysts. There are no important economic reports scheduled to be released in the UK today, so traders will remain focused on general market sentiment.

A move below the 1.2355 level will push GBP/USD towards the next support level at 1.2250 – 1.2265.

GBP/USD

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