GBP/USD Outlook: Cable Turns South on Dovish Comments from BoE Policymaker

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<p>Cable lost traction on Tuesday and fell to four-day low, following repeated failure to sustain break above key 1.36 barrier (Fibo 61.8% of 1.3748/1.3357 descend). Near-term sentiment softened on renewed tensions over Ukraine and relatively dovish comments from BoE Hawk Ramsden, who said that some further modest tightening is likely to be appropriate, deflating expectations […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/431161-gbp-usd-outlook-cable-turns-south-on-dovish-comments-from-boe-policymaker/">GBP/USD Outlook: Cable Turns South on Dovish Comments from BoE Policymaker</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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