GBPUSD: Expected To Move Between Its Support And Resistance Level

Jul 27, 2022 at 9:12 AM EDT

Looking at GBPUSD’s chart, we can see that the FX pair is currently traded at the rate of 1.2043.

Looking at GBPUSD’s chart, we can see that the FX pair is currently traded at the rate of 1.2043. Today Fed will announce the interest rate which will move the pair. Until then, we expect the rate to move between its support and resistance level at around 1.1980-1.2070.

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GBPUSD

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