Today News: GBP/USD [26 Oct 2021] - Dailyforextrading.net

Bullishness fades as Brexit headlines
return to spotlight

GBP/USD drops back to 1.3765 after snapping a two-day downtrend.
In doing so, the cable pair fades the previous
day’s bounce off the three-month

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GBP/USD stalls at 1.3800 on broad
US dollar strength

The GBP/USD stalled at 1.3800 for the second consecutive
day in a row, failing to print a sustained
break above the figure

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GBP/USD inches closer to 1.3800 amid
weaker USD, Brexit headlines

GBP/USD remains firm on the first trading day ofthe week in the early
European session. The pair managed to gather momentum
following the previous two session’s fall-off .

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British Pound Gives Up Early Gains

The 1.37 level underneath seems to be a significant amount of support
that could come into the picture for the British pound,
as we not only have the 50 day EMA

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GBP/USD and AUD/USD look primed for
another push higher

GBP/USD has been gaining ground over much of the
past month, with the price pushing towards
the crucial $1.3913 resistance level.

Continue reading with Ig.com...