GBPUSD: REBOUND?

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Comment:

Comment:

Very important session for cable, now we await the BoE interest rate announcement and honestly we expected a technical rebound much more supported, however, the price has remained just above above the support area 1.4087/1.4132. Most likely, during the announcement there will be much volatility, then manage its position. Technically, there's no change: potential technical rebound, and subsequent bearish consolidation.