Cable falls to fresh two-month low, closes in on key technical levels
Summary
By sueyangfx.com September 22, 2020 at 09:09AM GBP/USD falls to a fresh low of 1.2735, its lowest level since 24 July The pressure on the pound is continuing to mount, as cable slips to its lowest level in two months […]
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
September 22, 2020 at 09:09AM
GBP/USD falls to a fresh low of 1.2735, its lowest level since 24 July
The pressure on the pound is continuing to mount, as cable slips to its lowest level in two months and now brings the focus back towards the confluence of the key daily moving averages @ 1.2722-25.