GBP/USD – 3 Trading Scenarios Surrounding the Current Consolidation

The GBP/USD is stalling after making a fresh high on the year at 1.7195. This is also the cable’s highest level since 2008. In July, the GBP/USD consolidated roughly between 1.7179 and 1.7085 (about 95 pips). As we begin another week, the pair is trading near the consolidation support again. Let’s…

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GBP/USD – 3 Trading Scenarios Surrounding the Current Consolidation

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