Pound Sterling (GBP) Weekly Forecast
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, 05-15-2022 at 11:11 AM (244 Views)
Cable continues to be plagued with the ‘stagflation’ tag as risk to growth restrict lofty rate hike plans. The NI protocol issue returns following the EU’ new proposal.
Weekly price is on bearish breakdown located in the bearish area of the chart. The price is trying to break the bearish triangle pattern with 1.2275 support level to below for the primary bearish trend to be continuing.
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