 The British Pound started a downside correction from the 1.2350 zone against the US Dollar. The GBPUSD pair declined below 1.2300 to move into a short-term bearish zone. The pair even settled below the 1.2220 level and the 50 hourly simple moving average. It is now consolidating near the 1.2130 level, with an immediate resistance ... The post GBPUSD Pair is Now Consolidating Near 1.2130 appeared first on Action Forex... 