The GBP is at the bottom of a weekly uptrend channel. After a significant sell-off, the pair halted at the channel's bottom, where a previous upward move had begun. The Dollar is weakening due to uncertainty surrounding the USA election, which is bolstering the GBP. Technically BUY. Fundamentally BUY signal.
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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.