Cable accelerates below 1.12 mark on Friday and hit new lowest since 1985, in extension of steep bear-leg from 1.1738 (Sep 13 lower top), which is a part of larger downtrend from 1.4249 (June 2021 peak. The action in Asian and early European trading has registered a fall of 0.8%, as the pair is on […]
The post GBP/USD: Sterling Falls to New Multi-year Low after Disappointing Data appeared first on Action Forex.