Staying in line with GBPUSD bearish daily trend
British Pound / U.S. Dollar FOREXCOM:GBPUSD
Bearish in line with daily price trend – bullish risks from price holding 1.30 after a BOE rate rise
Scenario A) – price breaks rising trendline on 4hr chart to test support
Scenario B) – price moves for another test of 1.32 – 50 DMA before resuming decline