GBP/USD fading further away from the 1.5738 key resistance
FXstreet.com (Barcelona) – GBP/USD appears very vulnerable despite the DXY weakness we have seen in the last couple of months. Only a break back above 1.5738 will negate this bearish condition.
GBP/USD traders watching Syria as well as Carney’s speech to Parliament Wednesday
Aside from the goings on between Britain’s ally, the United States, and Syria, GBP/USD traders will be watching closely when the Bank of England’s Mark Carney speaks to Parliament on Wednesday at 11:45 GMT.
Technical outlook for GBP/USD