GBP/USD’s down trend accelerated to as low as 1.0837 last week and there is no sign of bottoming yet. Break of the near term channel support indicates downside acceleration. Next target is 1.0675 long term projection level, and then 100% projection of 1.3748 to 1.1759 from 1.2292 at 1.0303. On the upside, above 1.1095 minor […]
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