GBP/USD: Cable Falls Further as Solid US NFP Lift Dollar

<p><img width="612" height="394" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-gbp77-e1600274990498.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-gbp77-e1600274990498.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-gbp77-e1600274990498-600×386.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Cable extends strong fall into second consecutive day, remaining under increased pressure from stronger dollar after upbeat US labor data and relatively hawkish comments from Fed Chair Powell. Fresh extension lower on Monday cracked the floor of near-term range (1.2875/1.2596), with close below here to generate initial reversal signal, which will look for verification on […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/538410-gbp-usd-cable-falls-further-as-solid-us-nfp-lift-dollar/">GBP/USD: Cable Falls Further as Solid US NFP Lift Dollar</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *