GBP/USD to extend its slide towards 1.30 as resistance at 1.31 caps GBPUSD
Technical outlook to remain bearish unless cable clears 1.3100
“On the downside, 1.3000 aligns as the next bearish target but the pair needs to close a four-hour candle below 1.3050 before stretching lower.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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