continuation of GBP/USD moving lower
The EUR/USD and GBP/USD each rose by approximately 70pips as a result of the chinese consideration to stop buying treasury
However, we should view it as a recommendation/consideration, thus not likely to have a lasting impact, evident in the strong retracement.
We look for a continuation of GBP/USD moving lower, if it is able to break strongly below the 1.3500 level.
However, we should view it as a recommendation/consideration, thus not likely to have a lasting impact, evident in the strong retracement.
We look for a continuation of GBP/USD moving lower, if it is able to break strongly below the 1.3500 level.
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