Cable is consolidating above new multi-month low, posted on Thursday after a brief probe below 1.15 handle, following an uninterrupted bear-run in past five days. The pair is also on track for the third consecutive weekly loss, with risk aversion and strong dollar, keeping the pound in strong defensive mode. Consolidation or brief bounce on […]

The post GBP/USD: Bears Taking a Breather ahead of Attack at 2020 Low appeared first on Action Forex.