GBP/USD: Downtrend to persist so long as holds below 1.1760/1.1840 – SocGen GBPUSD Banks
“After recent sharp up/down swings, a phase of consolidation is not ruled out.”
“Failure to hold recent higher trough at 1.0550 can lead to one more leg of downtrend towards 1.0350 and next projections at 1.0140/1.0000.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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