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GBP/USD Price Recovers Modestly Above 1.32 as Greenback Retreats

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The GBP/USD pair could register a broader growth if it validates its breakout above the near-term upside obstacles. Stabilizing above the 38.1% retracement level may bring new long opportunities. The ascending pitchfork’s median line (ML) represents strong dynamic support.  The GBP/USD price rallied today, and it seems determined to extend its rebound. The pair is … Continued

The post GBP/USD Price Recovers Modestly Above 1.32 as Greenback Retreats appeared first on Forex Crunch.

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