As Adam pointed out here, the selloff in gilts is a key factor in play right now as well. That doesn't bode well for sterling's fortunes at the moment and more so when you couple it with the technical playbook above.
Even EUR/GBP has reversed a break under the pivotal 0.8300 mark to trade to 0.8380 now today. That's a major blow for sterling bulls to start the new year.
Hence then, the article about cable falls to test the low from april last year was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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