GBP/USD’s decline from 1.2446, the third leg of the corrective pattern from 1.2445, resumed last week by breaking through 1.1960. But recovery from 1.1914 indicates that a temporary low was formed. Initial bias is turned neutral this week first. Risk will stay on the downside as long as 1.2269 resistance holds. Break of 1.1914 will […]
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