GBP/USD stayed in range below 1.2292 resistance last week and outlook is unchanged. Initial bias will remain neutral this week first. On the upside, decisive break of 1.2292 resistance will complete a head and shoulder bottom pattern (ls: 1.1932; h: 1.1769; rs: 1.2002). Further rally should then be seen to 1.2666 key resistance next. On […]
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