The GBP/USD is trading around $1.4050, the lowest in a week amid US Dollar strength. UK GDP came out as expected and the better Current Account figure is not enough to cheer the Pound. The break below uptrend support is a bearish sign. The GBP/USD is trading some 0.20% down on the day around $1.4050. [...]
The post The pound will need strong data to recover, not sure it will find it appeared first on Forex Crunch.
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