GBP/USD’s decline last week suggests that rebound from 1.2154 has completed at 1.2666 already. Initial bias stays on the downside this week for 1.2154 low first. Firm break there will resume larger down trend. Next target is 61.8% projection of 1.3297 to 1.2154 from 1.2666 at 1.1960. On the upside, above 1.2457 minor resistance will […]
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