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GBPUSD: Fresh Bears Found a Footstep Above Key Support and Eye US Inflation Data for Signal
Cable is consolidating within a narrow range, following Wednesday’s 1.6% drop, which retraced over 50% of the recent 1.1146/1.1599 upleg. Although a reversal pattern formed on a daily chart, fresh bears face strong headwinds from significant support at 1.1319 (top of thick daily cloud / Fibo 61.8%) which so far keeps the downside protected and […] The post GBPUSD: Fresh Bears Found a Footstep Above Key Support and Eye US Inflation Data for Signal appeared first on Action Forex...
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Posted: Nov 10 2022, 12:23
Author Name: actionforex
Views: 111951