GBP/USD Consolidating Losses After A Strong Decline

<p>Key Highlights GBP/USD declined heavily below 1.2000 and 1.1800. A major bearish trend line is forming resistance near 1.2060 on the 4-hours chart. The UK Manufacturing PMI is likely to dive to 45.0 from 51.7 in March 2020 (Prelim). The US Manufacturing PMI might slide to 43.0 from 50.7 in March 2020 (Prelim). GBP/USD Technical […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/281987-gbp-usd-consolidating-losses-after-a-strong-decline/">GBP/USD Consolidating Losses After A Strong Decline</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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