GBP/USD Fails To Hold Above The 20-day SMA, Eyes On BoE And Fed
October 31, 2023 at 20:07 PM EDT
In Tuesday’s session, the GBP/USD traded in the 1.2120 - 1.2200 range, closing with mild losses around 1.2150. On the USD side, it gained momentum with the DXY Index, advancing to 106.70, mainly driven by a cautious market mood.
