The GBP is getting Pounded

The GBP is getting Pounded

Technology
October 13, 2021 by admin
31
a.image2.image-link.image2-910-1455 { padding-bottom: 62.54295532646048%; padding-bottom: min(62.54295532646048%, 910px); width: 100%; height: 0; } a.image2.image-link.image2-910-1455 img { max-width: 1455px; max-height: 910px; } The British Pound is a victim of USD strength today on the heels of higher US Treasury yields and is one of the worst performers on a relative basis. The GBP has violated support afforded


The British Pound is a victim of USD strength today on the heels of higher US Treasury yields and is one of the worst performers on a relative basis. The GBP has violated support afforded by the Standard Pitchfork (gold P1-P3) Lower Parallel (yellow circle).The GBP is in danger of violating support afforded by the newly drawn Schiff Modified Pitchfork (…


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