Relief rally: The GBP/USD has been in a relief rally since finding demand from the 1.4830 level against a downtrend throughout 2013 so far. Visually, you can also say it looks like it is trying to form some kind of rounded bottom. Pushing above 1.5220 should complete this rounded bottom. Then a…

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GBP/USD – Bearish Divergence during a Downtrend
