By Jeremy Boulton — May 27 - 04:41 AM
• GBP/USD rally stretched above 1.3450 peak 20-month Bollinger Bands
• Prior drops from similar situations have been very large
• In 2024 pair dropped 1.3434 to 1.2100
• After reaching 1.4240 in 2021 GBP/USD slumped to 1.0327
• EUR/USD is facing some big headwinds
•
GBPUSD
(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
