GBP/USD Continues Channeling Higher; 1.60 Could be Next

Channel, fibonacci retracement targets: The 4H chart shows cable rallying in a small short-term channel from the 1.5826 low. In a higher degree, this could be just a flag pattern. In any case, the rally has pushed the 4H RSI above 60, showing lost of bearish momentum. Above the 1.5960, 38.2%…

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GBP/USD Continues Channeling Higher; 1.60 Could be Next

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