GBP/USD Outlook: Risk Appetite Inflates Pound; Tuesday’s UK PMI Data in Focus for Fresh Signals

<p>Bears pause above the top of daily cloud after falling 1.4% last week, as risk-sensitive sterling advance on fresh risk appetite on Monday. Recovery attempts were so far limited by converged 30/55DMA’s (1.2420) as momentum remains negative on daily chart and moving averages are in bearish configuration, but oversold stochastic partially offsets pressure. Friday’s marginal […]</p>
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