GBP/USD: Are The Bulls Back? Specter Of Negative Rates, Other Factors May Keep Cable Capped
July 06, 2020 at 09:31 AM EDT
GBP/USD is trading above the 50, 100, and 200 Simple Moving Averages on the four-hour chart and momentum is to the upside. However, it has been setting lower highs in recent days, taking some of the sting out of the bullish case.
