GBP/USD Review, December 21-25, 2020 | worldforex
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GBP/USD Review, December 21-25, 2020
21 December 2020

The currency pair stays within the ascending channel and tested 1.3591. GBP/USD’s growth is supported by the ultra-easy Fed’s monetary policy. 

We expect GBP/USD to test 1.3591. If the currency pair manages to break it out, it will target 1.4129. Otherwise, we will see the currency pair to start a correction. We expect to see lower volatility closer to Christmas.

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