FX:GBPUSD   British Pound / U.S. Dollar
The pound is testing a key support level ahead of monetary policy decisions this week by the Federal Reserve and the Bank of England. The so-called fear-greed indicator shows bears control price action by the most in two months, threatening a bullish trend channel that’s been in place since July. Announcements by the central banks could be the catalysts for the U.K. currency to either hit fresh lows or establish $1.36 as a line in the sand

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.