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How to Trade the GBP/USD Currency Pair on December 11? Simple Tips and Trade Analysis for Beginners
Analysis of Trades on Wednesday:
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Analysis of Trades on Wednesday: 1H Chart of the GBP/USD Pair The GBP/USD pair also traded higher on Wednesday, with a similar fundamental backdrop. However, it should be noted that the British currency began to rise well before the publication of the Federal Reserve's decision on rates and Jerome Powell's speech. Thus, as we anticipated, the upward trend for the British pound is maintained and gaining momentum. The market finally responded to the Fed's monetary easing
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2025
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