GBPUSD Forex Weekly - 24 - 28 Aug 2020
Cable is trading around 1.31 stable as markets await developments on the furlough scheme and another round of Brexit talks is weighing on the pound.
Technically, with the current US Dollar strength could pull the pair into downwards trend towards lower line key level support at 1.29 area with a break below median would strengthen bearish trend supported RSI current negative territory
Technically, with the current US Dollar strength could pull the pair into downwards trend towards lower line key level support at 1.29 area with a break below median would strengthen bearish trend supported RSI current negative territory