Thu, 19 Dec 2024 14:13:29 GMT
GBP/USD decline reaches 1.26000
The Federal Reserve's decision on December 18th has had a significant impact on the GBP/USD currency pair. The substantial increase in USD strength has brought the GBP/USD pair towards the 1.26000 price level.
If the price momentum to the downside continues, the 1.24800 support level could be tested. The December 20th data release for month-on-month retail sales in the UK