Cable (GBP/USD) Price Outlook: Levels to Watch for Continued Dollar Weakness - DailyFX


5/23/2022 12:00:00 AM2 years 11 months ago
by Richard Snow

Cable has moved off its lows as the dollar decline continues. Key technical levels considered ahead of high impact risk events: UK PMI and US PCE

Pound Sterling (GBP) Analysis

  • UK PMI in focus as stagflation risks threaten to weigh on the pound
  • GBP/USD Key technical levels analyzed
  • Extreme institutional positioning at … [+3490 chars]

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