GBPUSD SELL

GBP/USD advances to 8-month highs around 1.2900


Further weakness in the US Dollar encourages GBP/USD to advance to the boundaries of the 1.2900 barrier for the first time since late July, all in response to the mixed tone from the US NFP for the month of February.
The Relative Strength Index (RSI) indicator on the 4-hour chart holds above 70 and GBP/USD trades well above the upper limit of the ascending regression channel coming from mid-February.


GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels. confirm siganl