1.2777 is the next downside target for GBP/USD

The GBP/USD extended its falls and collapsed below 1.2900 as a no-deal Brexit looks more real. The Technical Confluences Indicator shows that the GBP/USD has lots of resistance lines on the way up. The initial hurdle awaits at around 1.2900 which is the convergence of the Bolinger Band one-day Lower, the BB 1h-Upper, the 4h high, and the Fibonacci […]

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