Cable bounces from the dangerous 1.2470 zone (Fibo 38.2% of 1.2155/1.2866 upleg / converged 20/30DMA’s) but remains within a narrowing congestion which extends into fourth straight day, awaiting the key event today – a confidence vote on UK Prime Minister Boris Johnson. Johnson faces a huge problems as so called ‘Partygate’ scandal angered lawmakers and […]
The post GBP/USD: Cable Stands at the Front Foot on Monday Ahead of Key Event Today – Confidence Vote on PM Johnson appeared first on Action Forex.
