Cable caught in a near-term battle to start the session
Summary
By sueyangfx.com February 18, 2021 at 07:29AM GBP/USD trades to a low of 1.3840, closes in on 200-hour moving average With the dollar keeping firmer in the past few sessions, that has called into question the recent momentum in cable […]
More On Forexlive RSS Breaking News Feed
- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
February 18, 2021 at 07:29AM
GBP/USD trades to a low of 1.3840, closes in on 200-hour moving average
With the dollar keeping firmer in the past few sessions, that has called into question the recent momentum in cable in chasing a move towards 1.4000.