My rationale is simple, there are multiple factors of convergence at the current price that provide solid technical resistance to GBPUSD. The Fibo level from Daily Chart, two very longterm moving averages. That is it. My prediction is it should rally to 1.3600
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.