GBP/USD Outlook: Cable Eases on Monday but Remains Within Three-Day Range and Without Clear Near-Term Direction

<p>Cable edged lower on Monday, pressured by rising coronavirus death toll and no signs of any easing of the lockdown. The pair is currently holding at the lower side of congestion that extends into third day and probes below rising 10DMA (1.2466) which limited downside attempts in past two days. Daily studies so far lack [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/288605-gbp-usd-outlook-cable-eases-on-monday-but-remains-within-three-day-range-and-without-clear-near-term-direction/">GBP/USD Outlook: Cable Eases on Monday but Remains Within Three-Day Range and Without Clear Near-Term Direction</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>