GBP/USD short-term technical outlook

OANDA:GBPUSD   British Pound / U.S. Dollar
GBP/USD is technically bearish , could extend its slump towards the 1.2800 price zone. According to the daily chart , the GBP/USD pair is neutral, as it spent the week trading above a flat 20 DMA, which holds above the larger ones, also directionless.
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