FX:GBPUSD   British Pound / U.S. Dollar
gbpusd             fell for 7 weeks in a row before finding some support around 1.6550 area. fundamentally nothing much change for gbp. rate hikes still expected i see the bearish movement for this pair more of a correctional move rather than a change of trend .this trade needs patience to materialize . i will be building longs all the way down to 1.6400 if price reaches there . expecting a first target of 1.70 at least and a possibility for 1.7300
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