GBP/USD Recovery Faces a Crucial Test as Resistance Looms

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Key Highlights GBP/USD declined toward 1.3200 before the bulls emerged. A bearish trend line is forming with resistance at 1.3290 on the 4-hour chart. Gold prices weakened and traded below $4,200. WTI Crude Oil started a consolidation phase below $100.00. GBP/USD Technical Analysis The British Pound gained bearish momentum below 1.3250 against the US Dollar. […]The post GBP/USD Recovery Faces a Crucial Test as Resistance Looms appeared first on ActionForex.