GBPUSD at key crossroads ahead of Jackson Hole.

GBPUSD at crossroads

The false break in the Dollar Index is also showing its hand in the GBPUSD pair rejecting the weekly trendline and 1.3200. If Powell is in a 'wait and see' mood from the Symposium this should see more USD strength in the near term and some selling pressure in the GBPUSD.

One to watch...

GBPUSD at crossroads
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