GBP/USD Price Analysis: Bears move in below counter trendline resistance, eye 1.1020 and 1.0900 – by fx_ross GBPUSD Technical Analysis
t on Friday at around 1.1235. The following illustrates the prospects of a significant sell-off for the start of the week so long as the US dollar index can find support from a recovery in US yields.The 10-year yield which has taken a bit of a knock could be on the verge of a move up following the correction that has already started to decelerate into a 38.2%area of the prior bullish hourly leg.
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