GBPUSD Technical Analysis
Despite being oversold, the current weakness in GBP is not showing sign of stabilizing just yet.
Only a break of the 1.2195 ‘key resistance’ (level was at 1.2220 yesterday) would suggest that the decline in GBP is ready to take a breather”.
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Only a break of the 1.2195 ‘key resistance’ (level was at 1.2220 yesterday) would suggest that the decline in GBP is ready to take a breather”.
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