The GBPUSD is also trading in a bearish market condition, it is just a few pips away from the ST resistance level, so as long as the GBPUSD keeps trading below 1.5474 I will be looking for short opportunities:
Yes I know, the existing home sales date screw every single currency pair up, but hey, the GBPUSD is still trading below the ST resistance level, so lets keep an eye open on the pound ok?
Tags: GBPUSD Analysis
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