GBPUSD: From Correction to Uptrend Breakdown

<p>The British Pound is losing ground for the 6th consecutive session, falling 2.2% to 1.2850. The downward movement began as a correction after a 9-sessions rally from 30 June but accelerated following the release of weak inflation data earlier in the week. Strong retail sales figures failed to reverse the GBPUSD’s downward trend on Friday. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/511020-gbpusd-from-correction-to-uptrend-breakdown/">GBPUSD: From Correction to Uptrend Breakdown</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>