Bot Window | Bot Window

GBPUSD making a wedge pattern

GBPUSD was down on Tuesday after testing the high level of 1.2798 in the last trading session as The British pound rose to $1.28, near a four-week high, as investors awaited key economic data and central bank meetings. UK data, due next Friday, is expected to show a rebound in the economy and a recovery in manufacturing for October. The Bank of England is anticipated to keep interest rates unchanged at its December 19 meeting.