GBP/USD Trades Below the 2012 Trendline After BoE Inflation Report
The GBP/USD was already breaking a key support area ahead of the BoE inflation report and Mervyn King's press conference. The 1.5990-1.60 area was a rising trendline that goes back to January 2012. A break below now opens up 1.5780-1.58, and below that opens the 1.5650 area.
Technically, the bul...
FF News: Technical