GBP/USD: Dips After Weak Jobs Data But Still Looks for Clearer Direction Signal

<p>Cable loses traction after weak UK jobless data and dips below 1.2500 mark on Tuesday morning. Fresh weakness adds to signals that brief recovery is likely over, after Monday’s strong upside rejection which left daily candle with long upper shadow. Overall picture is firmly bearish on daily chart, though headwinds on approach to pivotal 200DMA [&#8230;]</p>
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