GBP/USD Outlook: Prevailing Tone on Monday Negative But Cable Continues to Move Within Four-Day Range

<p>Bumpy ride for cable at the beginning of the week, as the pair hit session high at 1.2437 (barrier formed by converged 30/20/10/55DMA’s) and subsequently fell to 1.2283 on uncertainty about models of easing Britain’s lockdown, pessimism about UK/EU trade talks and weaker stocks. Fresh weakness cracked again strong support provided by daily cloud top […]</p>
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