GBP/USD Price Analysis: Bears waiting to take a bite out of bullish correction By ross_burland GBPUSD Technical Analysis
Bears eye a downside extension to weekly targets. , the bulls have taken charge in a delayed M-formation. The following illustrates the potential for a move into 1.2450 for the days ahead:The price edged into the weekly demand area from where the bulls have now engaged and driven back the bears towards the 38.2% Fibonacci retracement level.
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