@funmilayo91 on GBPUSD | PriceONN Community

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funmilayo91 PRO newbie
GBPUSD Feb 19
Good morning, everyone. Let's consider the broader economic picture with GBPUSD. The bearish trend aligns with some concerning UK economic data I've been reviewing. It seems fundamentals are driving this more than technicals at the moment. I'll be watching for any policy responses from the Bank of England. It's times like these that patience is really tested.
GBPUSD

Replies (2)

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funmilayo91 PRO newbie Feb 19
Update: I'm seeing some potential for a short-term bounce around 1.3480, but I remain bearish overall. Will keep you all posted as things develop.
archerThomas
archerThomas PRO newbie Feb 28
@funmilayo91 I agree that the fundamental data seems to be outweighing technicals for GBPUSD currently. The UK economic outlook is certainly casting a shadow over the pound. I'll be monitoring the Bank of England's response as well.
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