Cable remains in red on Friday and extends lower after nearly 2% drop on Thursday, pressured by renewed risk aversion after major central banks showed unexpectedly hawkish stance and prompted investors into safety of dollar. Weaker than expected UK retail sales in November added to weakened sentiment, which offset potential positive impact upbeat UK services […]
The post GBP/USD: The Cable Dips Further on Renewed Risk Aversion appeared first on Action Forex.
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