GBP/USD: Cable Falls Further, Psychological 1.20 Support Coming in Focus

<p><img width="612" height="390" src="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp177.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp177.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp177-600×382.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp177-150×96.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp177-300×191.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Cable dips below 1.22 mark on Tuesday, hitting the levels last traded in mid-March, in extension of the downtrend which steepened in past five days. Soured risk sentiment and strong dollar on signals that the Fed may raise interest rates further and keep them high for longer period, continues to weigh on sterling. Bears eye […]</p>
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