GBP/USD is leaning lower and gets close to critical support

A new week, month, and quarter begins with the GBP/USD resuming its losses. What levels should we watch out for? The Technical Confluences Indicator shows that the pair is nearing a strong support line at 1.3152. This is the convergence of the potent Fibonacci 23.6% one-month, the Simple Moving Average 10-4h, the Bolinger Band one-hour Lower (Stdv. 2.2), […]

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