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$GBPUSD Downtrend continues

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD broke its upward sloping support line in June 2021 and has been trading in a downtrend ever since. The change of trend was also signalled by bearish RSI divergence. For now - the trend remains in place and first sign of change will be a daily close above 1.32. Through 1.30 targets 1.2730.

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