British Pound Price Outlook: GBP/USD, GBP/JPY Poised to Extend Climb
2021-04-14 03:30:00
Daniel Moss,
Analyst
British Pound, GBP/USD, GBP/JPY, Symmetrical Triangle, IGCS – Talking Points:
The British Pound’s recent weakness against its haven-associated counterparts may prove to be short-lived.
GBP/USD poised to extend gains as prices consolidate above key support.
The British Pound has drifted lower over the last couple of weeks against the haven-associated Japanese Yen and US Dollar. However, longer-term technical setups suggest that this period of weakness may prove short-lived. Here are the key levels to watch for GBP/USD and GBP/JPY rates.