GBP/USD Outlook: Bears Regain Control And Threaten Ending Consolidation Phase
<p>Cable weakened in European trading, following downbeat UK data which showed Composite and Services PMI’s dropping to its record lows in March (Composite 36.0 from 53.0 and Services 34.5 from 53.2) which showed that negative impact to the UK economy from pandemic is strengthening. Fresh weakness is pressuring the floor of five-day congestion and shifting […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/285036-gbp-usd-outlook-bears-regain-control-and-threaten-ending-consolidation-phase/">GBP/USD Outlook: Bears Regain Control And Threaten Ending Consolidation Phase</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment