GBP/USD’s decline continued last week after some interim consolidations. Initial bias is now on the downside this week. The decline from 1.4248 should target 100% projection of 1.4248 to 1.3158 from 1.3748 at 1.2658. On the upside, break of 1.3193 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case […]
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