v_sadanand

Bearish Outlook-GBPUSD

Short
FX:GBPUSD   British Pound / U.S. Dollar
The major support broken today and this paves the way for the more bearish perspective on GBPUSD. The next major support exist at 1.2512. There is a clear confirmation from both MACD and RSI. On the fundamental side political uncertainty is still looming large due to delay of Brexit vote. It seems no news is good news.

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