Ahead of the UK budget, GBP/USD has clear trading limits

The GBP/USD is consolidating the losses from the US Dollar storm last week. A new week begins with the UK budget standing out. The pair is trading The Technical Confluences Indicator shows that the GBP-USD faces resistance around 1.2855, which is the convergence of the Fibonacci 23.6% one’week, the Bollinger Band one-hour Upper, and the Pivot Point one-day Resistance 1. […]

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