GBP/USD Price Analysis: Bears are on the prowl, seeking a break of 1.3120 By ross_burland GBPUSD Technical Analysis
The price of sterling has been in free-fall over the past few weeks in a bearish weekly impulse which is now being corrected. The bulls are moving on the 38.2% Fibonacci retracement level which had already been tested in the middle of last week's business.If 1.3120 holds as daily support, then there will be prospects further to go in the correction for the.
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