GBP/USD path of least resistance is up, but will it take it?

GBP/USD kicks off a new week with modest increases and looks for a new direction as the Brexit vote looms. What’s next? The path of least resistance is to the upside. The Technical Confluences Indicator shows that cable has considerable support at 1.2703 where we see a dense cluster including the Fibonacci 38.2% one-day, the Simple Moving Average 5-1d, the SMA […]

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