Should we expect a bearish trend on GBPUSD?
The breakout of GBPUSD through the 1.3888 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of GBPUSD to test 1.3855 within the next 11 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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