GBP/USD stays cautious below SMAs at 1.3420 as UK unemployment rate rises. Short-term bias is bearish; fresh sellers await below 1.3200. GBP/USD remains capped below its 50- and 200-day simple moving averages (SMAs) near 1.3420 as investors digest discouraging political and macroeconomic developments. Earlier today, the UK unemployment rate climbed back to 5.0%, while employment […]
The post GBP/USD: Sellers Rretain Control Below Key SMAs appeared first on ActionForex.
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