GBP/USD | British Pound to US Dollar Trading Analysis
GBP/USD | British Pound to US Dollar Trading Analysis
Written by: PaxForex analytics dept - Tuesday, 28 April 2020 0 comments
Investors have sought to invest in the dollar in recent weeks amid continuing economic turbulence due to the coronavirus epidemic, which has led to an influx of investments in the dollar as a "safe haven" and its deficit. But some analysts said that the dollar will continue its decline in the long run, as the Federal Reserve has weakened its monetary policy, more aggressive than other central banks.
GBP/USD, 30 min
Pivot: 1.2410