GBP/USD Outlook: Cable Hits a 15-month Low on Probe through Key Supports

[PocketOption]

GBP/USD Outlook: Cable Hits a 15-month Low on Probe through Key Supports

Cable remains firmly in red on Monday and extends steep fall into third straight day, dragged by fresh risk aversion that pushed global stocks lower. After last week's strong upside rejection and weekly close below pivotal 1.33 support (the pair was down 0.7% for the week), bears cracked next significant supports at 1.3164/61 (Fibo 38.2% […]

The post GBP/USD Outlook: Cable Hits a 15-month Low on Probe through Key Supports appeared first on Action Forex.

Source: GBP/USD Outlook: Cable Hits a 15-month Low on Probe through Key Supports