British Pound Sterling's turnaround is dead on arrival

GBP/USD spent Wednesday confirming what the daily chart has signalled for a week, that the Pound's attempted recovery has run out of road. Cable drifted lower through the session to a low just under 1.3150 before clawing back a little into the close, settling just above fresh lows for the move.

British Pound Sterling's turnaround is dead on arrival
GBP/USD spent Wednesday confirming what the daily chart has signalled for a week, that the Pound's attempted recovery has run out of road. Cable drifted lower through the session to a low just under 1.3150 before clawing back a little into the close, settling just above fresh lows for the move.

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