Article details
The GBP/USD currency pair experienced a corrective pullback after failing to clear resistance at the 1.3675 level. The British Pound broke below a major bullish trend line that had previously provided strong technical support around 1.3570 on the 4-hour chart. Meanwhile, global energy markets saw WTI Crude Oil prices launch a fresh rally, successfully climbing past the $88.00 mark, while EUR/USD settled into a consolidation phase above its key support zone near 1.1550.
