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Bullish GBP/USD Defies Rates

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
rTrader_official Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Fundamental Analysis Technical Indicators
19
8
trendanalysis fundamental indicator
Fed pauses rates, while BOE remains hawkish. Despite no waiting period for BOE's interest rate decision, GBP/USD continues strong bullish trend due to USD strength. Technical analysis suggests further upward movement towards targets, supported by diverging monetary policies between the Fed and BOE. Expect continued bullish momentum in GBP/USD.

Targets: 1.28, 1.29, 1.29758
Trade active
Trade closed: target reached

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