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GBPUSD : Prepare for a new trend?

British Pound / U.S. Dollar (OANDA:GBPUSD)  
Trader_BrianFX Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex SELL buy GBPUSD optionsstrategies intradaytrade
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trendanalysis chartpattern indicator forex sell buy gbpusd optionsstrategies intradaytrade
The British Pound achieved a solid gain against the US Dollar on Wednesday, bouncing back from a seven-week low of 1.2539 on Tuesday. Remarks from Federal Reserve officials, coupled with weaker-than-expected US services sector data, posed a challenge for the US Dollar. This resulted in the Dollar's decline for the second consecutive day, thereby contributing to the momentum for a GBPUSD recovery.
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