GBP/USD Review, March 23-27, 2020
23 March 2020
The currency pair developed its declined last week. The Bank of England has conducted another extraordinary meeting and cut rates to 0.10%. GBP/USD has tested 1,1426 but gained some positions back on Friday.
We expect this correction growth to develop this week if GBP/USD is able to break out 1,1637. Otherwise, the currency pair is likely to return to 1,1426 to retest it.
