GBP/USD tested support at 1.2600 – 1.2615 as traders reacted to U.S. economic data
GBP/USD continues its attempts to settle below the support at 1.2600 – 1.2615 as traders focus on Nationwide Housing Prices report from the UK. The report showed that housing prices increased by +3.9% year-over-year in February, compared to analyst forecast of +3.4%.
In case GBP/USD stays below the 1.2600 level, it will move towards the next support level at 1.2485 – 1.2500.
