GBP/USD: Cable Cracks Pivotal 1.2300 Resistance Zone on Strong UK Labor Data

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<p>GBPUSD cracked 1.2300 barrier in early European trading on Monday, boosted by better than expected US labor data (Sep wages rose above expectations and employment was significantly up in three months to Sep) which added to hawkish stance on BoE rate outlook. Cable rises for the third straight day after a bear trap on Friday, […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527313-gbp-usd-cable-cracks-pivotal-1-2300-resistance-zone-on-strong-uk-labor-data/">GBP/USD: Cable Cracks Pivotal 1.2300 Resistance Zone on Strong UK Labor Data</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>