GBP/USD Price Analysis: Bears eye the 38.2% ratio on break below 38.2% ratio – by fx_ross GBPUSD Currencies Technical Analysis
Bears need to break 1.2050 lows to make way for the 38.2% ratio.
The sour tone of OBR forecasts has weighed on GBP in the spot market since the Autumn Statement and now the US Dollar is edging higher across the board in a risk-off start to the week. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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