GBP/USD recovered after edging lower to 1.2999 last week. But recovery was capped at 1.3210. Initial bias remains neutral this week first. On the downside, break of 1.2999 will resume later down trend from 1.4248. However, firm break of 1.3210 should confirm short term bottoming. Stronger rise should be seen back to 55 day EMA […]
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