GBPUSD News

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Last Updated Date: 12 March 2021 @ 7:39 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPUSD market is back to a short term bear setup with the prevailing bear trend of previous week calling for an attack under the 1.3925 swing low. A close under 1.3925 projects a larger bear wave to 1.3805. The reluctance to stay under 1.3940 hints for rebounding action. Trade needs a close over 1.4045 to renew a bottoming formation.

Resistance 2       1.4053
Resistance 1       1.4011

 
Support 1            1.3967
Support 2            1.3925


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