GBP/USD Price Analysis: Bears pressing in and eye a break of key support GBPUSD Technical Analysis
Bears seek a break of 1.2000 top open risks of significant downside in the coming sessions. Governor Andrew Bailey. Speaking at a cost of living conference in London, Bailey said he would caution against suggesting the BOE is finished raising rates or that it will need to deliver more increases. Cable is techcniually coiled as well which the following technical analysis illustrates offering a bearish bias for the pair. Bears are looking for a break of the structure near 1.
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