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GBPUSD News

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Last Updated Date: 26 May 2021 @ 8:48 AM (UTC)
*Please note that all the dates are in GMT time zone

The market is showing a bear downturn and potential for a selling wave to 1.4100 as well as potential to 1.4080. A drop through 1.4080 will foster continuation selloffs today. Any congestion under Monday’s range high will keep the market setup in a bear flag. Trade must post a close over 142.30 to reverse out of the current downturn.

Resistance 2      1.4209
Resistance 1      1.4167

 
Support 1           1.4123
Support 2           1.4080


 
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