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The pair is moving between the support at 1.4400 and and the resistance at 1.4470, we'll have to see which one of these levels it will break below or above for range to end. Right now it's a little unclear what direction the pair will take.
agree,buy at low
GBP/USD sharply dropped today, but there is room for further decline. The pair might revisit the 1.3100 level.
Key levels to watch for:
Support: 1.3094; 1.3046;
Resistance: 1.3285; 1.3360
The GBPUSD yesterday attempted to rise with a peak of 1.3292, but closed down at 1.3235. Trade signals are neutral in the near future. We have a descending pin bar formed on the EMA 200, which implies a potential downward pressure for 1.3200 test. A clear breakthrough and daily closure under this support would have to take the price for retesting 1.3100. Immediate resistance is at 1.3315, whose breakthrough will clear the bull's path to 1.3360 or higher.
anyway,up up up