The GBP has dropped signifcantly on bad retail sales, however the longer term outlook is still bullish for the pair. 15m support comes in for the pair at 1.5580/1.5582 and the pair can see a bounce from there back towards resistance at 1.5635
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.