GBP/USD: pair in correction

Forex analytics: Current trendThe GBP/USD pair is in the upward correction since last week.The pair was supported by poor data on Industrial Production, construction sector and Jobless Claims in the US, and amid profit taking on short positions in the pair.At the same time, the pair is under pressure from increased expectations of an interest rate hike in the US in December and poor Retail Sales and key ...