Cable stands at the back foot on Thursday, ahead of BOE policy meeting, though the price action remains within larger 1.2263/1.2247 near-term range and lacking clearer direction. Technical studies are mixed on daily chart, while warning comes from formation of reversal pattern on weekly chart after the action was repeatedly capped by falling weekly Ichimoku […]
The post GBP/USD Outlook: Sterling Expects Stronger Direction Signals from BOE appeared first on Action Forex.
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