HomeLive CommentsGBP/USD breaks 1.3485 support. But bears need to show more commitment

GBP/USD breaks 1.3485 support. But bears need to show more commitment

ActionForex
By ActionForex

Fresh selling is seen in GBP three hours after BoE rate announcement. GBP/USD breaches 1.3485 to 1.3470 so far. We’ll see if it can settle below this support to confirm decline resumption.

For now, GBP/JPY is still holding above 147.04 support.

EUR/GBP is also held below 0.8844 resistance.

GBP bearish will need to show more commitment.

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