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Technical analysis: Sterling under pressure following gov. Bailey’s comments

Technical analysis: Sterling under pressure following gov. Bailey’s comments
Higher Timeframe Technical View The technical position for GBP/USD reveals price fading long-term resistance on the weekly scale at $1.2767, boasting historical significance as far back as 2016. Consequently, GBP selling should not surprise. Support on the weekly scale is relatively nearby, nevertheless, in the shape of a trendline resistance-turned-support taken from the high of […] The post Technical analysis: Sterling under pressure following gov. Bailey’s comments appeared first on LeapRate... Read More
Posted: Jun 29 2023, 04:54
Author Name: leaprate
Views: 092023

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