With 1.6405 minor support intact, current rally in GBP/USD is still in progress for 61.8% projection of 1.4813 to 1.6259 from 1.5853 at 1.6747, which is close to 1.6476 next medium term resistance. On the downside, below 1.6405 minor support will turn bias neutral and bring more consolidations. But outlook
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