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GBP/USD target 38.2% retrace at 1.5342 next

  • Pair continues to target 1.5324 fibo retrace (38.2% of 1.4952 - 1.5554)

  • Scope to 61.8% retrace at 1.5182 below

  • Close inside Ichimoku cloud Monday improved confidence in bears

  • Prices have moved below the 21 DMA at 1.5360 today

  • Offer lowered, now by the cloud top at 1.5389

 

  • Market Data
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