GBP/USD dropped sharply on broad based strength in dollar and break of 1.5994 turned bias to the downside for retesting 1.5876 low. With 1.6226 resistance intact, near term outlook stays bearish. Break of 1.5876 will extend the decline from 1.7190 and to 61.8% retracement of 1.4813 to 1.7190 at 1.5721
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