GBP/USD Outlook: Sterling Remains in Red for the Second Day Following Upbeat US NFP

<p>Cable remains under pressure on Monday and probes again through 100DMA (1.3508) which contained Friday’s drop (the pair was down 0.5% for the day) as pound came under increased pressure from better than expected US jobs data which inflated dollar. Fresh weakness cracks next pivotal supports at 1.3497/92 (daily cloud top / 50% retracement of […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/428546-gbp-usd-outlook-sterling-remains-in-red-for-the-second-day-following-upbeat-us-nfp/">GBP/USD Outlook: Sterling Remains in Red for the Second Day Following Upbeat US NFP</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>