GBP/USD Outlook: Post-BoE Negative Sentiment Remains In Play Despite Upbeat UK Retail Sales

<p>Cable extends weakness on Friday after recovery attempt on much better than expected UK retail sales were short-lived. Near-term sentiment remains weak as Bank of England’s decision to increase QE program by 100 billion pounds and hints of slowing down its assets purchases, fueled Thursday’s nearly 1% fall. Friday’s action is weighed by long bearish […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/304786-gbp-usd-outlook-post-boe-negative-sentiment-remains-in-play-despite-upbeat-uk-retail-sales/">GBP/USD Outlook: Post-BoE Negative Sentiment Remains In Play Despite Upbeat UK Retail Sales</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>