GBPUSD accelerated lower after US inflation data on Wednesday and hit the lowest in three weeks, pressuring psychological 1.30 support. US inflation data were mainly in line with expectations, but core CPI showed signs of stickiness, cooling bets for 50 basis points rate cut by Fed and inflating the US dollar. Technical picture on daily […]
The post GBP/USD O)utlook: Cable Cracks Psychological 1.30 Support After US Inflation Data appeared first on Action Forex.
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