Technical Analysis

GBP/USD: Bullish channel breakout and overbought conditions favor buying dip - BofA



Bank of America Global Research discusses GBP/USD technical outlook and likes buying dips in Q1. "In late November and December we liked buying GBP at 1.32 for a rally to the 1.35s due to a variety of technical conditions. Since then GBP/USD has rallied and broke out above the channel with s
Source: www.forexlive.com


 

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