GBP/USD’s correction from 1.4240 extended to 1.3669 last week, but recovered just ahead of 38.2% retracement of 1.2675 to 1.4240 at 1.3642. Initial bias remains neutral this week first. On the upside, firm break of 1.3816 minor resistance should indicate short term bottoming. Intraday bias will be turned back to the upside for 1.4000 resistance […]
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