Cable edges lower in early Friday’s trading as bulls continue to face headwinds and repeatedly failing to sustain gains above 1.24 mark, keeping the price action in sideways mode for one week. Strong barrier at 1.2446 (base of falling weekly cloud/Dec 14 top) continues limit recovery leg from 1.1841 (Jan 6 low), though near-term action […]
The post GBP/USD: Bulls Face Strong Headwinds But Remain in Play, US Inflation Data in Focus appeared first on Action Forex.
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