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GBP/USD Price Finds No Respite, Eying 1.16 as USD Bulls Intensify

Started by forex4you, Sep 02, 2022, 05:54 am

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Sep 02, 2022, 05:54 am
GBP/USD Price Finds No Respite, Eying 1.16 as USD Bulls Intensify

The GBP/USD pair maintains a bearish bias as long as it stays below the median line (ml). The S2 is seen as an important downside target. Its false breakout above the former high confirmed that the rebound ended. The GBP/USD price crashed after failing to modestly recover ground. It was trading at 1.1665 at the … Continued


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