GBP/USD stayed in consolidation above 1.4634 last week and outlook is unchanged. Initial bias stays neutral this week first. Stronger recovery could be seen. But upside should be limited by 1.5551, 38.2% retracement of 1.7190 to 1.4634 at 1.5610, and bring down trend resumption. Below 1.4634 will extend the fall from 1.7190 towards 1.4229 support next.
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