GBP/USD’s rally accelerated higher last week and the break of 1.3141 resistance confirms larger up trend resumption. Initial bias remains on the upside this week for 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. On the downside, below 1.3075 minor support will turn intraday bias neutral and bring consolidations, before staging another rally. […]
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