GBP/USD Outlook: Bulls Face Headwinds From Psychological 1.20 Level But Key Fibo Barrier At 1.2093 Is Still In Focus

Cable stands at the front foot in European trading on Thursday, following bullish signal on previous day’s close above 1.1832 (Fibo 23.6% of 1.3199/1.1409) but bulls face headwinds on approach to psychological 1.20 barrier, with near-term action being weighed by weak UK retail sales data. The pair is lacking momentum for now that may delay […]
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