By Ewen Chew — Oct 03 - 01:50 AM
GBP/USD tumbles as low as 1.3170 from 1.3270; precarious
Breach and closing below 23.6% Fibo 1.3166 will cue shorts
That would expose Bollinger downtrend channel at 1.3121
If engaged, bearish path points to test of 1.3000 ahead
Dovish comments from BoE spur rate cut bets nP8N3L604U
Governor Bailey says may be "a bit more activist" on rate cuts
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary