GBPUSD is overvalued

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British Pound/U.S. Dollar (FX:GBPUSD)

FX:GBPUSD British Pound/U.S. Dollar

GBPUSD currency pair is trading higher than 55 Moving Average on M15 timeframe so we are considering a downward movement for this currency pair from the level of 1.51993 on European stock trading session until 12:00 GMT today.

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