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British Pound (GBP) Outlook: GBP/USD in The Grip of Lower Highs and Lower Lows

GBP/USD PRICE, CHART, AND ANALYSIS Fed chair Jerome Powell rattled GBP/USD lower on Tuesday. A pattern of lower highs and lower lows remains in place. Keep up to date with all market-moving data releases and events by using the DailyFX Calendar Fed chair Jerome Powell’s hawkish commentary on Tuesday sent GBP/USD tumbling below 1.3200 in a matter of minutes before buyers re-entered the market and negated the selling pressure. Chair Powell said that the Fed would aba

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