GBPUSD - Under Pressure Below Key Resistance

7:17 PM No Comments

GBPUSD While GBP may be facing downside pressure, its broader medium term bias remains to the upside. However, it will have to overcome its key resistance at the 1.6995 level to resume its medium term uptrend now on hold. In case this occurs, expect further bullishness towards the 1.7100



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