Thu, 15 Jul 2021 07:54:28 GMT
GBP/USD ignores SMAs
During early Thursday's trading hours, the GBP/USD currency exchange rate traded in the 1.3820/1.3870 range. Meanwhile, the pair ignored the 55, 100 and 200-hour simple moving averages and the weekly simple pivot point at 1.3853.
In the case of a decline, the currency pair would most likely look for support in the 1.3800 mark. If the 1.3800 level's support fails, the