Pound Overbought Against US Dollar

GBP/USD rally reaches 1.3385 The British Pound has advanced strongly against the US Dollar, reaching 1.3385. This six-day rally appears overstretched. The Pound may retest 1.3385 in the near term, with support at lower levels.

GBP/USD rally reaches 1.3385

The British Pound has advanced strongly against the US Dollar, reaching 1.3385.

This six-day rally appears overstretched.

The Pound may retest 1.3385 in the near term, with support at lower levels.

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