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GBP/USD Outlook: Cable Turns South on Dovish Comments from BoE Policymaker

Started by PocketOption, Feb 23, 2022, 05:42 am

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PocketOption

GBP/USD Outlook: Cable Turns South on Dovish Comments from BoE Policymaker

Cable lost traction on Tuesday and fell to four-day low, following repeated failure to sustain break above key 1.36 barrier (Fibo 61.8% of 1.3748/1.3357 descend). Near-term sentiment softened on renewed tensions over e and relatively dovish comments from BoE Hawk Ramsden, who said that some further modest tightening is likely to be appropriate, deflating expectations […]


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