After bouncing repeatedly, GBP / USD is currently present in 300-pip area for over a month. Area of support is 1.5450, while the range is the range of 1.5750 resistance area.
After yesterday's strong reflections occur all over, which also makes stochastic entered the overbought area, the pair finally started to make a back-way patterns in candlesticks chart.
It seems that the bears is ready to jump in.
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