GBP/USD – Consolidates Below 1.53

After having just moved down through the 1.53 level, the GBP/USD is presently consolidating within a narrow range between 1.5280 and 1.53, and taking a breather. The last few days have seen the GBP/USD run into a brick wall of supply at 1.54 which has created resistance to movement higher. This…

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GBP/USD – Consolidates Below 1.53