GBP/USD hit a four-week high on reports that PM Theresa May is set to propose a delay of Brexit. What’s next for cable? The Technical Confluences Indicator shows that pound/dollar faces some resistance at 1.3153 which is where the previous 4h-high and the Pivot Point one-day Resistance 2 converge. Yet this is not a significant cap, and the upside target […]
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