GBP/USD: Two-day Recovery Faces Headwinds from Falling 10DMA

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/11/f-gbp91.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/11/f-gbp91.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/11/f-gbp91-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Profit-taking on dollar longs at the end of Q3 lifts sterling for the second day, pushing the price to one-week high. Slightly stronger UK economic growth in the second quarter, compared to Q1 and consensus, may boost optimism and add to supportive factors to sterling, though US consumer spending increased in line with expectations and […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/520913-gbp-usd-two-day-recovery-faces-headwinds-from-falling-10dma/">GBP/USD: Two-day Recovery Faces Headwinds from Falling 10DMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>