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GBP/USD Price Forecast: Bears Target Pound Support at $1.2150

Published: June 22, 2022

The Pound is on the back foot this morning, with a pickup in inflationary pressures failing to draw bids. Risk aversion weighed this morning.

Source: fxempire.com

Related Topics:

United KingdomJoe CunliffeEngland Monetary Policy CommitteeOffice For National StatisticsBoe Chief Economist Huw PillNational StatisticsFirst Major SupportSecond Major Support LevelFirst Major Support LevelFirst Major Resistance LevelSecond Major Resistance LevelThird Major Resistance LevelThird Major Support LevelFed Chair PowellCapitol HillSenior Editorial Team Member James Hyerczyk