New low: The GBP/USD made a new low since finding resistance at the September high of 1.6308 by breaking below 1.5910 (38.2% retracement). It also slipped below the 1.59 handle. The RSI is cracking 40, reflecting the loss of bullish momentum established by they June-September rally. Support: The 200…
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GBP/USD Breaks Below 1.59; 1.5780 is Key Support