GBP/USD: The cable weighed down by the British economic slowdown


GBP/USD: The surprise could come more from the Bank of England than the Fed. The British economy is slowing, contracting for the third month in a row. Cable is at its lowest in October. Support is at 1.2070. Resistance is at 1.2410.

by Philippe Lhermie, trader, trainer at https://www.traderchange.com/ former chief forex trader of a central bank Copyright (c) 2023 TV Finance https://www.tvfmedia.fr

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