Shinobi - GBPUSD: Downtrend is forming
The dollar fell against Asian currencies on Thursday, after weaker-than-expected global economic data hurt the interest rate outlook and pushed US bond yields lower ahead of the symposium. Jackson Hole of the Federal Reserve
British factory output tumbled, sending the economy into recession and sending sterling plunging in a round-trip that ended at an initial price of $1.2719.
British factory output tumbled, sending the economy into recession and sending sterling plunging in a round-trip that ended at an initial price of $1.2719.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.