GBP/USD sinks below SMAs, reaches September’s support at 1.3332. Short-term bias is bearish-to-neutral, price likely near oversold territory. GBP/USD crashed to a seven-week low of 1.3322 on Thursday as a string of data reflected an expanding US economy, reducing the odds of an aggressive Fed rate cut. The past two weeks have been heavy enough […]
The post GBP/USD: Wake Me Up When September Ends appeared first on Action Forex.
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