I believe with Brexit just around the corner and with the interest rate decision in the US we will continue to see a sell off on the daily chart for GBPUSD down to 1.1949, we tried testing the resistance and was un able to make showing it is not respecting that area and price action continues down, this is more of a high risk trade due to GBP needs to break recent support from its slight uptrend and also support dating back to September 2016.
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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.