GBP/USD Price Analysis: Bears stay the course and eye trendline support – by fx_ross GBPUSD Technical Analysis
has continued to chip away into commitments below 1.2200 and at 1.2150. The low of the week so far has been 1.2121 and the following illustrates the prospects of a deeper correction should the bears stay the course.While it was stated that the British Pound's bullish trend would still be intact while structures 1.2150 and 1.1900 are yet to be broken:
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