Gbpusd Rebounds: Will It Consolidate Or Resume Downtrend?
February 08, 2024 at 05:01 AM EST
GBPUSD has shown signs of life, bouncing from its low of 1.2518 and reaching 1.2641. This begs the question: is this the start of a new rally, or just a temporary pause in the downtrend from 1.2827?