Gbpusd



There is no changes in gbpusd Intraday remain downside for 1.5673 first. Break will confirm resumption of fall from 1.6380 and should target on 1.5268 key support level. On the upside, break of 1.5877 is needed to signal short term bottoming. Otherwise, it will stay bearish in case of recovery.price actions from 1.3503 are treated as consolidations to long term down trend from 2.1161, no change in this view. There are various interpretations on the pattern from 1.3503 but after all, the important point is that it isn't finished yet. Focus is now turned back to 1.5268 support and break will be a important sign of down trend resumption.

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