GBP/USD to suffer additional losses with a drop below 1.3600 GBPUSD
Pound looks vulnerable amid risk aversion
“In case safe-haven flows continue to dominate the financial markets in the second half of the day, the risk-sensitive GBP could find it hard to stay resilient against the greenback.” “On the upside, the lower limit of the ascending channel and the 20-period SMA align as key resistance at 1.3680. If the pair manages to return within that channel, it could target 1.3700 and 1.3725 .”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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