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GBPUSD Analysis

Oleh Ironclad_Investments
GBPUSD appears to be rejecting 1.26 which is acting as a strong resistance, if we are to see the sterling decline from this area we've highlighted where we think price could be heading which also lines up with a key fib levels. From a COT perspective it appears banks have been propping up sterling in order to sell from a better price.
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Ironclad_Investments

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