GBP/USD Consolidates, US CPI and UK Employment Reports Next

<p><img width="612" height="406" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp136.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp136.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-gbp136-600×398.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key Highlights GBP/USD started a downside correction from the 1.2732 zone. It traded below a key bullish trend line with support at 1.2640 on the 4-hour chart. The UK Claimant count could change by 20.3K in Nov 2023, up from 17.8K. The US CPI could decline further to 3.1% in Nov 2023 (YoY) from 3.2%. […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531265-gbp-usd-consolidates-us-cpi-and-uk-employment-reports-next/">GBP/USD Consolidates, US CPI and UK Employment Reports Next</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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