Tue, 22 Jun 2021 12:06:31 GMT
GBP/USD remains below 1.4000
In the aftermath of the US Federal Reserve caused drop, the GBP/USD began a recovery, which appeared to have ended on Tuesday. Namely, the rate declined from a resistance zone just below the 1.3950 level, as soon as it was being approached from above by the 100-hour simple moving average.
If the 100-hour SMA manages to continue to provide resistance, the