GBP/USD Outlook: UK Inflation Data Could Provide Clearer Near-Term Direction Signal

<p>Cable is standing at the front foot on Tuesday, following strong downside rejection previous day and inflated by fresh risk sentiment that weakened dollar. Larger uptrend remains intact despite double failure at 1.3700 zone, as subsequent dips stay above rising 20DMA for the third consecutive day, with initial signal of bear-trap under 20DMA (currently at […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/354372-gbp-usd-outlook-uk-inflation-data-could-provide-clearer-near-term-direction-signal/">GBP/USD Outlook: UK Inflation Data Could Provide Clearer Near-Term Direction Signal</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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