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GBP/USD: Remains Constructive Despite Weak UK Data

GBP/USD: Remains Constructive Despite Weak UK Data
Cable is holding around 1.23 handle in early Thursday, after repeatedly cracking pivotal barrier at 1.2328 (Fibo 38.2% of 1.2800/1.2037 bear-leg, reinforced by falling 30DMA), but the action remains within a narrow range and with limited upside. Sterling remains constructive despite weak UK economic data released earlier today, as Aug GDP was in line with […] The post GBP/USD: Remains Constructive Despite Weak UK Data appeared first on Action Forex... Read More
Posted: Oct 12 2023, 08:12
Author Name: actionforex
Views: 112579

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