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GBPUSD today

British Pound / U.S. Dollar (OANDA:GBPUSD)  
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OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex SELL buy signal GBPUSD
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trendanalysis chartpattern indicator forex sell buy signal gbpusd
The GBP/USD pair extended its gains near the 1.2720 level during early Asian trading on Thursday. This rise was supported by hotter-than-expected UK CPI inflation data, which reduced the odds of a rate cut by the Bank of England in June. However, the short- to medium-term trend remains largely consolidative, awaiting further data and new support to propel a stronger upward trend.
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