GBP/USD looks more bearish to me than EUR/USD right now. Based on the current structure, I think there's room for a move toward the 1.3165 area, which I derive from monthly support. That move doesn't necessarily have to happen today. It could take a couple of days, and I could be completely wrong.
Cable is the momentum king, so I'll be paying attention to how price behaves along the way.
Cable is the momentum king, so I'll be paying attention to how price behaves along the way.
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“Fall seven times, stand up eight.”
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