GBP/USD Outlook: Cable Maintains Bearish Bias And Eyes Key Supports At 1.2074/28
<p>Cable edges lower on Friday, maintaining bearish bias for the third consecutive day after brief recovery was capped by thin daily cloud and falling 10DMA that keeps bear-leg from 1.2642 high intact. Pound is weighed by talks about negative interest rates, with weaker than expected UK retail sales data today, adding to negative outlook. Bears focus key supports at […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/297301-gbp-usd-outlook-cable-maintains-bearish-bias-and-eyes-key-supports-at-1-2074-28/">GBP/USD Outlook: Cable Maintains Bearish Bias And Eyes Key Supports At 1.2074/28</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment