 The British Pound started a downside correction from the 1.2450 resistance zone against the US Dollar. The GBPUSD pair declined below the 1.2350 level, but it remained well bid near 1.2260. The pair is now rising above the 1.2300 level, but it is still below the 50 hourly simple moving average. It is now consolidating ... The post GBPUSD Pair is Now Consolidating Near 1.2325 appeared first on Action Forex... 