Today News: GBP/USD [30 Oct 2021] - Dailyforextrading.net

GBP/USD finds support at 1.3665 after
plunging from 1.3800 area

The British pound is attempting to find support at 1.3665
lows on Friday’s late US trading, after plummeting
more than 0.7% on the day.

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The British Pound Continues Consolidating

The British pound has gone back and forth during
the course of the week, as we continue to
see a lot of noise in this marketplace.

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Duo of central banks and Nonfarm Payrolls
promise wild action

The GBP/USD slides for the third time in the week,
looking forward to ending the week in the red,
down 0.67%, trading at 1.3696

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Resistance from the 200-DMA at 1.3852 to
cap with support seen at 1.3709/02

GBP/USD has rallied strongly from price support at 1.3709.
Nonetheless, economists at Credit Suisse
expect the resistance from the 200

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GBP/USD and AUD/USD show potential
for further upside

GBP/USD has been largely consolidating this week,
with price drifting lower in the wake of the gains
seen in the first three-weeks of October.

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