GBPUSD Daily outlook
GBPUSD has broken short term support 1.6050 (Oct 17th low) and is expected to trade lower in the coming days.
On the downside break of 1.6050 will target 1.6005/1.5950.
Minor resistance is around 1.6080. Break above 1.6080 will target 1.6140/1.6183 (Oct 21st high).
Recommendation: Sell GBPUSD around 1.6060, SL 1.6082, Target 1.6005/1.5950.
On the downside break of 1.6050 will target 1.6005/1.5950.
Minor resistance is around 1.6080. Break above 1.6080 will target 1.6140/1.6183 (Oct 21st high).
Recommendation: Sell GBPUSD around 1.6060, SL 1.6082, Target 1.6005/1.5950.
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