GBP/USD Underpinned By 1.63

11:52 PM No Comments

GBP/USD continues to trade just above the 2012 highs, as neither bulls nor bears are willing to give up at the moment. Still, being that the overall outlook on the Sterling is bearish, the support at 1.6300/1.6273 should be ultimately broken. Then the rate will set course on the 200-day



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